AIRLINK 70.75 Decreased By ▼ -2.31 (-3.16%)
BOP 4.97 Decreased By ▼ -0.12 (-2.36%)
CNERGY 4.32 Decreased By ▼ -0.05 (-1.14%)
DFML 31.65 Decreased By ▼ -0.80 (-2.47%)
DGKC 77.00 Increased By ▲ 1.51 (2%)
FCCL 19.99 Increased By ▲ 0.47 (2.41%)
FFBL 34.80 Decreased By ▼ -1.35 (-3.73%)
FFL 9.14 Decreased By ▼ -0.08 (-0.87%)
GGL 9.89 Increased By ▲ 0.04 (0.41%)
HBL 113.65 Decreased By ▼ -3.05 (-2.61%)
HUBC 132.80 Increased By ▲ 0.11 (0.08%)
HUMNL 7.07 Decreased By ▼ -0.03 (-0.42%)
KEL 4.28 Decreased By ▼ -0.13 (-2.95%)
KOSM 4.35 Decreased By ▼ -0.05 (-1.14%)
MLCF 36.55 Increased By ▲ 0.35 (0.97%)
OGDC 133.35 Decreased By ▼ -0.15 (-0.11%)
PAEL 22.45 Decreased By ▼ -0.15 (-0.66%)
PIAA 24.39 Decreased By ▼ -1.62 (-6.23%)
PIBTL 6.51 Decreased By ▼ -0.04 (-0.61%)
PPL 117.60 Increased By ▲ 2.29 (1.99%)
PRL 26.25 Decreased By ▼ -0.38 (-1.43%)
PTC 13.59 Decreased By ▼ -0.51 (-3.62%)
SEARL 52.47 Decreased By ▼ -0.98 (-1.83%)
SNGP 68.76 Increased By ▲ 1.51 (2.25%)
SSGC 10.55 Decreased By ▼ -0.15 (-1.4%)
TELE 8.40 Decreased By ▼ -0.02 (-0.24%)
TPLP 10.84 Increased By ▲ 0.09 (0.84%)
TRG 60.19 Decreased By ▼ -3.68 (-5.76%)
UNITY 25.10 Decreased By ▼ -0.02 (-0.08%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,433 Decreased By -28 (-0.37%)
BR30 24,069 Decreased By -102.4 (-0.42%)
KSE100 71,016 Decreased By -86.4 (-0.12%)
KSE30 23,366 Decreased By -28.6 (-0.12%)

PARIS: France's lower house of parliament approved a huge EU-Canada trade deal on Tuesday after a heated debate about its environmental impact and a rebellion by some ruling party members.

In a vote in the National Assembly, 266 members approved the deal which has been championed by centrist President Emmanuel Macron, while 213 voted against it, including left-wingers and the far-right.

The Comprehensive Economic and Trade Agreement (CETA) took effect on a preliminary basis in September 2017, but it must also be approved by each of the European Union's member states to become permanent.

The legislation in France will now head to Senate before being signed into law by Macron at a later date.

The trade deal removes tariffs on nearly all goods and services between Canada and Europe and has led to a rise of 15 percent in EU exports to Canada, according to European officials.

The French government has dismissed fears about the impact of the deal on the farming sector and the environment, saying the agreement includes safeguards and that Canadian imports have to meet strict EU rules.

Copyright AFP (Agence France-Press), 2019
 

Comments

Comments are closed.