Today, we attended a presentation and lecture at the University of Vienna by Mag. Kopecky of Schoenherr International Law Firm and Dr. Hafner of the LLM program at the University of Vienna. This experience helped to grow our understanding of the CETA agreement (Comprehensive Economic and Trade Agreement).
Dr. Hafner’s lecture on the EU as a Global Player brought about an excellent overview as to the effects and challenges the new CETA agreement has for Canada and the EU. One of the first topics that we did not know before today was the provisional application of CETA. Currently, the majority of the agreement is being implemented while the ratification process is still ongoing within each member state. Dr. Hafner brought up the interesting point that even though the ratification process of CETA is ongoing, the provisional application of the agreement is still producing results for how CETA will affect the economies of both the EU and Canada. This is interesting for the parties to experience in the way that some member states may have reservations about ratifying CETA; but if they can see the results from the provisional application, it may have some influence as to the decision they make regarding the ratification.
Another aspect of the Canada-EU relationship that we did not know about was the vast agreements that they have politically. The strategic partnership agreement between the two coordinate many policies on areas such as international peace and security, political dialogue, economic and sustainable development, as well as many others.
Overall, this lecture provided great insight as to the breadth and depth of the CETA agreement. The agreement will definitely prove to be critical for both Canada and the EU.
Thanks to CETA, Europeans can now enjoy products like Canadian Ice wine. In appreciation of Dr. Hafner’s lecture, we gifted him Canadian ice wine which is now a key export of Canada to the EU.