Monday, December 22nd6.1°C
24124
23931

Canada, EU miss chance to ink trade pact this week due to 'technical problems'

OTTAWA - Canada and the European Union missed a chance to ink the final text of their long-sought free trade agreement this week as a series of familiar irritants reared their heads.

A EU briefing note says one of the obstacles is a disagreement over protection for intellectual property rights in the pharmaceutical sector.

The two sides reached an agreement in principle in October after Harper jetted to Brussels for a high-profile signing ceremony with European Commission President Jose Manuel Barroso.

At the time, there was much anticipation that a planned meeting in Paris this past Wednesday between Trade Minister Ed Fast and EU Trade Commissioner Karel De Gucht would produce the final text.

However, de Gucht said "technical problems" in three or four areas prevented he and Fast from sealing the deal.

A senior Canadian official says even if a text is released, the deal is still a long way off because both sides would still need to consult with their member countries and provinces, and then consult lawyers.

The Canadian Press


Read more Business News




Recent Trending




Today's Market
S&P TSX14447.19-21.069
S&P CDNX672.16-4.38
DJIA17901.0096.20
Nasdaq4765.684+0.304
S&P 5002070.47-0.18
CDN Dollar0.8589-0.0028
Gold1189.40-6.50
Oil56.50+2.39
Lumber337.70-0.30
Natural Gas3.169-0.295

 
Okanagan Companies
Pacific Safety0.125+0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.21-0.04
Cantex0.03-0.005
Anavex Life Sciences0.1712-0.0014
Metalex Ventures0.05-0.005
Russel Metals25.17-0.41
Copper Mountain Mining1.57+0.02
Colorado Resources0.11-0.01
ReliaBrand Inc0.011-0.0089
Sunrise Resources Ltd0.02-0.03
Mission Ready Services0.23+0.015

 
24130


24588

FEATURED Property
21098354572 Gallaghers Edgewood Court
2 bedrooms 2 baths
$659,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


First-time homebuyer mistakes

If you’re on the hunt for your first home and want to have a smooth and successful home purchasing experience avoid these common first-time homebuying mistakes.If you are looking for your first ...


My final thoughts on real estate

This will be the last column I write on real estate. Largely because at the end of the year I will be handing in my license. After 20+ years of working in land development, resort development and rea...


Reflecting on the end of the year

The importance of the end of the year and the Christmas holidays is profound. It is a time to reconnect with family and traditions that have made us who we are. But the year-end has always been a time...

_



24386

24476


Member of BC Press Council


24433