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French Senate Rejects Trade Deal With Canada

French President Emmanuel Macron addresses a media conference at the conclusion of an EU Summit in Brussels, Friday, March 22, 2024. European Union leaders on Friday discussed plans to boost investmen

French President Emmanuel Macron expressed regret over the recent vote by the French Senate to reject legislation aimed at ratifying the EU-Canada Comprehensive Economic and Trade Agreement (CETA). The trade deal, which has been in provisional effect since September 2017, requires approval from each national parliament for full implementation.

Despite the Senate's decision, it does not definitively mean that France will ultimately reject ratification. The text will be returned to the lower house of parliament for further discussion, as stated by Macron during a news conference at an EU summit in Brussels.

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