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The US want their companies to have to adhere to less regulation not more. So essentially there are things in CETA that require Canadian companies to meet more
by celticninja 10y ago
The US want their companies to have to adhere to less regulation not more. So essentially there are things in CETA that require Canadian companies to meet more a higher criteria with regard to food safety when trading with the EU. The US doesn't want to meet these higher criteria, a US firm selling to the EU through a Canadian branch would have to meet these higher criteria, which means that the US company would either have to forego selling to the EU or increase food safety standards across the board (they could just do it for export goods but that seems a bit silly) either way the companies costs increase.
Evidently you thought that TTIP was some kind of reasonable deal for all parties however it is mainly beneficial to some large US corporations at the expense of the citizens everywhere.
- majewsky 10y ago> Evidently you thought that TTIP was some kind of reasonable deal for all parties however it is mainly beneficial to some large US corporations at the expense of the citizens everywhere. To the contrary. I have attended quite some anti-TTIP rallies myself. My suspicion is that what we're seeing right now was the strategy all along: The European opposition (both inside and outside the parliaments) focused on TTIP because the US is an easier enemy (with all the latent anti-americanism boiling all over Europe). So the government(s) are now dropping TTIP very loudly, and while the public feels appeased, CETA is silently signed into law.
- celticninja 10y agoCETA, as far as I understand, is much less controversial than TTIP mainly because it is somewhat more fair to both sides, as opposed to the lopsidedness of the TTIP in favour of US corporations. In addition the text is easily available for people to read and review, unlike TTIP. However as I understand it the controversial ISDS remains however this may cause it to not be ratified by some EU nations.