CETA Trade Agreement: Europe and Canada

The Comprehensive Economic and Trade Agreement between Canada and Europe, or CETA, was published September 26, 2014.

The text may be found here:

http://www.international.gc.ca/trade-agreements-accords-commerciaux/agr-acc/ceta-aecg/text-texte/toc-tdm.aspx?lang=eng

There is a lot of information about tariffs on certain levels of imports and exports, fairness, business travel… The people who prepared this document have won a place in the heaven of trade administrators, for it is indeed exhaustive.

By section 21, I could not make myself read anymore.

I went up the urls until I found a summary about the IP, which I translated into English For People Who Don’t Like Long Careful Paragraphs Designed Not to Piss Anyone Off:

  • Copyright: CETA echoes the recent Copyright Modernization Act, supporting  copyright owners while allowing Internet service providers, educators, students and businesses the tools they need to use new technologies in innovative ways.
  • Geographical indications: Canada already recognizes geographical indications for wines and spirits. CETA adds recognition of EU geographical indications for foodstuffs, such as certain meats and cheeses.
  • Patents: Pharmaceutical patent extension, balanced by needs of Canadians for affordable drugs. The policy background is that we want to keep and bring science jobs and investments to Canada.  I know there are a lot of whiners who don’t like patent extension, but if you want good pharmaceuticals, good jobs, and good tax income for Canada, suck it up.
  • Counterfeit goods: Counterfeit goods are often crappy, can be dangerous, and are definitely unfair to innovators and designers.  Enforcement that is efficient is the goal.

No doubt there will be a few bumps along to road to getting all this implemented, but organized trade which promotes fairness and trust among nations is a good thing. (Sorry, Martha!)