Wednesday, May 6, 2009

EC/Canada Agreement Q&A Up Online

Readers of the blog may be intrested to read the European Union's new press release on the EC/Canada Air Transport Agreement which is set to be marked during their ongoing summit in Prague, Czech Republic.  As discussed on the blog previously, the Agreement envisions an eventual (although highly contingent) lifting of foreign ownership and control restrictions.  The Q&A also contains a brief comparison between the Canadian Agreement and the U.S./EC Agreement which came into effect last year.  It will be interesting to see what (if any) impact this thrust toward liberalization between two of the U.S.'s longstanding trading partners on its second stage negotiations with the EC.

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