The most controversial free trade agreement CETA between the EU and Canada has been signed. After difficulties due to the veto from Belgium`s Wallonia, the deal was signed with a three-day delay. On Sunday, the top representatives of both parties finally signed the seven- year long negotiations about CETA. The Agreement on the Reduction of Customs duties and other barriers to trade will now enter into force as soon as possible. Only a few parts in which national parliaments, have a say, will only be applied after their approval. 

EU President Martin Schulz spoke of a good day for the European Union and Canada and said that CETA would be a standard for all future agreements. Also, Donald Tusk commented that he is proud to sign the two landmark agreements with Canada.

Nonetheless, this summit in Brussels also led to demonstrations. Around 250 opponents demonstrated, some of which through color bags against the glass walls of the EU Council building where the summit took place. Sixteen demonstrators managed to get past the security barriers and had to be arrested. Despite the demonstrations, supports say that CETA will increase trade by up to 20 percent and boost the EU`s and Canada`s economies, as the deal will eliminate tariffs on almost 99 percent of goods. Sectors such as car companies and the textile industry will largely benefit.

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