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A signing ceremony planned for Thursday had to be cancelled after a Belgian region vetoed the agreement. But after marathon talks, a consensus was finally reached allowing all 28 EU states to formally approve the deal on Friday. Is Ceta a good model for Brexit? The Comprehensive Economic and Trade Agreement with Canada, known as Ceta, required all EU member states to endorse it. But seven years of negotiations were left hanging in the balance after Belgium's French-speaking region of Wallonia demanded stronger safeguards on labour, environmental and consumer standards. Image copyright Twitter It also wanted more protection for Walloon farmers, who would face new competition from Canadian imports. On Thursday, Belgian Prime Minister Charles Michel said that after marathon talks they had agreed on an addendum to the deal which addressed regional concerns. Prime Minister Robert Fico of Slovakia, which currently holds the EU presidency, said the final approval of the deal was "a milestone in the EU's trade policy". The Ceta trade deal in numbers 98% The estimated amount that EU exporters would save in duties annually 3.6m The population of Wallonia 36.3m The population of Canada 508m The population of the EU Source: StatCan, Europa.eu Reuters "The Ceta represents a modern and progressive deal, opening the door to new opportunities, while protecting important interests," he said.
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