France Rejects EU-Canada Free Trade Agreement
In a significant political defeat for President Macron, the French Senate votes against ratifying the CETA, leaving the deal in provisional status.
- The French Senate's rejection of the Comprehensive Economic and Trade Agreement (CETA) between the EU and Canada marks a political setback for President Macron.
- An unusual coalition of 211 senators, ranging from communists to conservatives, voted against the deal, with only 44 in favor.
- Despite the Senate's decision, the CETA has been operational provisionally since 2017 and can remain so without full ratification by all EU member states.
- Critics of CETA in France raise concerns over food safety and unfair competition, fearing that Canadian beef could flood the European market.
- The French government could either notify Brussels of the refusal to ratify or bring the bill back for a fresh debate, mirroring Cyprus's approach with a similar situation.