Hungarian foreign minister: EU-Canada free trade deal ‘uncertain’

Luxembourg, October 18 (MTI) – It continues to be uncertain if the free trade agreement between the European Union and Canada could be signed next week as planned, the Hungarian foreign minister said on Tuesday.

Speaking after a meeting of foreign and trade ministers of the EU, Péter Szijjártó said that several countries had voiced doubt about the agreement.

It is in Hungary’s interest that the European Union should remain competitive in a new global economy for which it is crucial to have a free trade agreement with Canada that takes each member state’s sensitivities into consideration, Szijjártó said. Europe needs to be a part of global economic trends, he added.

If the EU is unable to sign free trade agreements, then it will fall behind in international trade and economic competition, which will also have a very negative effect on Hungary, Szijjártó said.

The council of foreign and trade ministers has made it clear that the EU-Canada Comprehensive Economic and Trade Agreement (CETA) must not force any EU member state to amend their current regulations pertaining to environmental protection, food safety, public services and public procurements, he said.