- by
- 05 23, 2024
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PLUCKY little Wallonia! On October 14th the parliament of this rust-belt region of Belgium voted against the Comprehensive Economic and Trade Agreement (CETA), a proposed trade deal between the EU and Canada. To its admirers, this French-speaking corner of ancient Gaul, with a population of just 3.6m out of the EU’s 508m, has taken an Asterix-like stand against the implacable forces of globalisation. Free-traders may seethe that such a tiny minority can threaten a proposed treaty seven years in the making. But they cannot disregard it. Failure to secure a deal with Canada would undermine much of the EU’s trade-negotiating policy, and raise troubling questions for Britain about trade with the union after Brexit.