EU court rules in favor of bloc’s trade deal with Canada

April 30, 2019

BRUSSELS (Reuters) – The EU-Canada free-trade agreement’s provisions to protect investors do not breach EU law, the European Court of Justice (ECJ) ruled on Tuesday in a major relief for proponents of the deal that came into force in 2017.

The ECJ’s judges said in their ruling that the mechanism to resolve disputes between investors and states, which critics say unfairly favor multinationals, is in line with EU law.

(Reporting by Philip Blenkinsop, editing by Robin Emmott)

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