ceta is canada's biggest trade deal since the north america free trade agreement.e campaign groups have pointed to ceta as a potential model for brexit, once the uk formally leaves the european union. andreas hoepner, is an associate professor of finance at the henley business school. great to have you with us in the studio. a lot of meps giving themselves pats on the back, using words like, a watershed moment, eu trade policy will never be the same, so who is the biggest winner, the eu or canada? i would say both are winners, but the biggest winner is canada. canada will have access coming forward to the north american market, and the european market. europe certainly is a winner, following 2016, it is a successful europe. the biggest winner within europe, i think is france, because of the relationship with a french—speaking area. that is a good point. are we here, with there? it has still got to be ratified, and i write, by all the members. and that was little belgium! the french speaking part of belgium. region parliament has two ratify everything, so there are

and the effects of ceta were on the agenda as the two men today.orter: remembering the victims together, the canadian prime minister justin trudeau express canada's support for germany even in times of terrorism and political uncertainty. he and the chancellor visited the site of the christmas market attack, in which 12 people were killed in december. standing together, that was the message of the politicians. they also faced resistance, protesters demonstrated in front of the chancellery against the free trade agreement. the government wants free trade, to send a signal to the protectionism of donald trump. >> ceta is an example of what we can accomplish when our countries work together to deliver positive results for our citizens. reporter: justin trudeau and merkel expressed the importance of u.s. relations, public expressed skepticism over donald trump. >> a good transatlantic relationship is in germany's interest and i will continue to work toward this, even if there are differences of opinion. >> there will always be differences of opinion, b

ceta is canada's biggest trade deal since the north america free trade agreement.ome campaign groups have pointed to ceta as a potential model for brexit once the uk formally leaves the european union. with me is allie renison from the institute of directors. it is good to happy with at this horrible hour. many members of the european parliament are patting their backs. they call it europe's most modern ever trade deal. they said eu policy will never be the same again. is this a watershed moment? it is as we have events spiralling beyond the control of the eu, like president trump and anti— free trade rhetoric. the deal was not signed. there was the element of the belgium problem in holding up the belgium problem in holding up the signature. summer events have conspired to make it a slightly bigger watershed moment than it should have been. —— some events. critics really do not like this. they are using terms... they are saying yes to ceta is a trampling of the people, calling it a trojan horse, and a threat to democracy and the rule of law. that is because of the

the comprehensive economic and trade agreement, or ceta, promises to bring canada closer to europe.aims to boost growth jobs in europe, by reducing import tariffs, saving the bloc 500 million euros annually in duty. a key sticking point, mutual access to public contracts. european countries can compete for government contracts in canada and canadian companies will be able to respond to calls for tender in europe. the deal also includes protection for particular products produced in 142 geographic zones around europe. this affects cheese and champagne, for example. that onlys eu-standards food will be given free access. a response to the deal that could allow hormone injected me to enter the european markets -- meat to enter the european market. one of the controversial proposals would set up arbitration courts to settle disputes between investors and national securities. critics argue that it will allow powerful note -- multinationals to sue governments if they do not like their policies. the deal will set up a permanent court where all hearings will be public, but it is not enough

so what stands to change under ceta?s taken seven years of negotiation and faced the human opposition. ceta promises to bring canada closer to europe. it aims to boost growth and walls in europe by eliminating 99% of import tariffs with canada, saving the block 500 million euros annually in duties. of theticking point treaty, mutual access to public contracts. european companies can compete for government contracts in canada, and canadian companies will also be able to respond to calls for tender in your. the deal also includes protection for particular products that are produced in 142 geographic zones around europe. cheese ands champagne, for example. the eu promises that only to europeanforming food and environmental standards will be given free access. that won't apply to canadian beef and pork. a response to criticism that the deal could allow hormone injected me to introduce the in markets. one of the most controversial parts of the deal is the proposal to set up special arbitration courts that would settle dispute

ceta is canada's biggest trade deal since the north america free trade agreement.ection campaign, donald trump brandished the saying "nafta disaster," and some campaign groups have pointed to ceta as a potential model for brexit once the uk formally leaves the european union. we will have more coming up on the world business report in about 15 minutes' time. for the second time in three weeks, a court will decide whether to grant a request to arrest the head of south korea's largest company. we are talking about samsung. a hearing is under way where prosecutors will be trying to persuade a judge that there is enough evidence to arrest jy lee, the group chief for samsung. he's a suspect in a bribery investigation which could bring down the country's president park guen—hye. again, we will have more coming up on world business report. follow me on world business report. follow me on twitter. i will see you soon. thank you very much, aaron. thousands of people have taken to the streets of paris to show their support for a young black man who says he was raped by polic

european parliament approved the controversial ceta trade agreement between canada and the eu just yesterdaystin said free trade only works when it works for the people, not against them. and that wraps up your business news now. >> thank you much. after a short break, i will take you through the day. we will take an in-depth look at what is going on in u.s. foreign-policy. stick around for that. >>> on this week's "wealth track," why he thinks the stock market is priced to perfection and why we should be derisking our portfolios. charlie droeyfus is next on "consuelo mack wealth track." >> mainstays family of mutual funds offer retirement solutions to help your clients keep good going. >> additional funding provided by thornburgh investment management.

quinn, the question is when the vote was come down and being announced by donna brazil, there was the cetasupporters in the back of the hall, and they were still hoping for ellison to win here. now it's been a couple of hours. is your sense that everybody really is together, or there's still some work to be done here? >> look, only a really stupid county gives up hope before the last vote is counted, and after the first ballot it was, you know, really pretty close, and so you got to hope until the very end. congress person ellison gave a powerful speech before the dnc where he really urge reasonable doubt all of his supporters, myself included, to come together, to unite, and make sure that we win in 2018, and also that we realize the crisis and attacks we've suffered in 30 days of this ridiculous presidency. . he made clear we don't have fight within ourselves. we don't have time to squabble or have hurt feelings or be disappointed children. we need to move on together. i have no doubt we're moving together. >> did the bernie sanders energy -- did they hear tom perez and will they follow

pm may: the ceta deal, as i understand it, will be discussed today in european committee b, of whichhe hon. lady is a member. she will therefore be able to contribute to that debate. leigh: further to the question asked by my hon. friend the member for aldershot on the issue of acquired rights, which countries are standing out against an immediate deal based on reciprocity before the start of brexit negotiations? do those countries include germany? may: as i said to my hon. friend the member for aldershot, the issue is whether that should be part of the formal negotiations. it has been made clear that there are those who believe it should be part of the negotiations, and therefore we will be able to consider this issue with our european colleagues once article 50 has been triggered. mr bradshaw: what did the prime minister say to her fellow european leaders about her assessment of the trump-putin relationship, and specifically about russian interference in western democracies, including our own? may: concern has been expressed both at this council meeting and at others about the role