Considerations on COM(2024)178 -

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dossier COM(2024)178 - .
document COM(2024)178
date April 26, 2024
 
(1) Council Decision (EU) 2017/377 provides for the signing on behalf of the European Union of the Comprehensive Economic and Trade Agreement (CETA) between Canada, of the one part, and the European Union and its Member States, of the other part (‘the Agreement’). The Agreement was signed on 30 October 2016.

(2) Council Decision (EU) 2017/388 provides for the provisional application of parts of the Agreement, including the part on the establishment of the CETA Joint Committee. The Agreement has been provisionally applied since 21 September 2017.

(3) Pursuant to Article 26.3.1 of the Agreement, the CETA Joint Committee shall, for the purpose of attaining the objectives of this Agreement, have the power to make decisions in respect of all matters when this Agreement so provides.

(4) Pursuant to Article 26.3.2 of the Agreement, the decisions made by the CETA Joint Committee shall be binding on the Parties, subject to the completion of any necessary internal requirements and procedures, and the Parties shall implement them.

(5) In accordance with Article 8.39.6 of the Agreement, the CETA Joint Committee is to adopt a decision setting out supplemental rules aimed at reducing the financial burden on claimants who are natural persons or small and medium-sized enterprises.

(6) It is therefore appropriate to establish the position to be taken on the Union's behalf in the CETA Joint Committee on the basis of the attached draft decision of the CETA Joint Committee on the supplemental rules on expedited procedures for the resolution of investment disputes between investors and states, in particular for natural persons and small and medium-sized enterprises in order to ensure the effective implementation of the Agreement.