Trade Agreements Between Canada And European Union

However, there may be changes in the relationship between the EU and the UK or changes in the UK`s domestic processes and regulations that may affect the ease of trade between Canada and the UK. The Canadian government will continue to monitor the impact of Canada`s trade with the United Kingdom on the short- and medium-term future. In the consolidated text of CETA, a long section on « intellectual property rights », IPRs (pp. 339-375) deals entirely with copyrights, trademarks, patents, designs, trade secrets and licenses. Reference is made to the TRIPS Agreement (p. 339 f). In addition to the interests of the pharmaceutical and software industry, CETA promotes the pursuit of « camcording » (Article 5.6, p. 343). In particular, negotiations on food exports have taken a long time. Interests related to European cheese exports and Canadian beef exports have helped to protect this type of intellectual property and to draw up long lists of « geographical indications identifying a product originating in the European Union » (pp. 363-347). [39] Although there is no appeal mechanism against arbitral awards comparable to the review of court decisions, arbitral awards under CETA are subject to AN ICSID (International Centre for Settlement of Investment Disputes) set-aside procedure when the claim is made under the ICSID rules, or to a set-aside procedure when the request for UNCITRAL rules or other rules agreed upon by the parties, 2.

It is only after the expiry of the time limits set for these verification mechanisms that the final decision of the Tribunal « binds the parties to the dispute and with respect to this particular case ». (Article X.39: Execution of Distinctions, p. 177) We continue to ask Canadian businesses to anticipate changes in the EU-UK relationship or to change the UK`s domestic procedures and regulations that may impact Canada-UK trade. . . .

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