Canada's free-trade agreement with the EU is in jeopardy - BBH

Analysts at Brown Brothers Harriman noted that Canada's free-trade agreement with the EU is in jeopardy.  

Key Quotes:

"Negotiations began in 2009 and concluded in August 2014.  

The EU ratification process requires unanimity.  

The immediate challenge is a region in Belgium (Wallonia), where the local parliament voted against the agreement (Comprehensive Economic and Trade Agreement--CETA).  EU trade ministers are to meet tomorrow to discuss how to move forward.  

The EU has already agreed that parts of  CETA can be implemented before all the members approve it."