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German top court backs EU-Canada trade deal CETA | German top court backs EU-Canada trade deal CETA |
(35 minutes later) | |
Germany's Constitutional Court has rejected a legal challenge to the EU-Canada free trade deal (CETA) from campaigners who call it undemocratic. | Germany's Constitutional Court has rejected a legal challenge to the EU-Canada free trade deal (CETA) from campaigners who call it undemocratic. |
The campaigners object to the fact that parts of CETA will be implemented before all national parliaments in the EU have voted on it. | The campaigners object to the fact that parts of CETA will be implemented before all national parliaments in the EU have voted on it. |
EU trade ministers are to vote on CETA next week. It requires unanimous support. If they all approve it, the deal can be signed on 27 October. | EU trade ministers are to vote on CETA next week. It requires unanimous support. If they all approve it, the deal can be signed on 27 October. |
CETA would remove many trade barriers. | CETA would remove many trade barriers. |
More than 125,000 people signed a petition organised by three activist groups aimed at blocking CETA, the Comprehensive Economic and Trade Agreement. The groups are Compact, Foodwatch and More Democracy. | |
Opponents fear that CETA will be used as a model to push through an even more controversial EU-US trade deal called TTIP, much of which remains to be negotiated. | |
German Economy Minister and Vice-Chancellor Sigmar Gabriel has battled to win his Social Democrats (SPD) round to CETA. The SPD is in government with Chancellor Angela Merkel's Christian Democrats (CDU), who strongly support CETA. | |
Many politicians and business leaders argue that CETA will provide a much-needed economic boost, reducing bureaucracy and creating jobs. | |
At a glance: CETA | |
Would CETA be a good model for the UK? | |
European Parliament briefing on Ceta |