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PAIS academic gives evidence on CETA to Danish Parliament
PAIS academic Gabriel Siles-Brügge gave evidence on 3 May to the Danish Parliament's European Affairs Committee during a hearing on the EU-Canada Comprehensive and Economic Trade Agreement (CETA). The Parliament is scheduled to vote on ratifying the agreement shortly, a process that will also take place in all other EU Member States.
In his presentation, Gabriel stressed that the macroeconomic effects in terms of jobs and growth of the agreement are likely to be more modest, while outlining his view that the provisions on investor protection and regulatory cooperation could be a potential source of regulatory chill, potentially inhibiting European regulators and legislators from taking actions in the public interest if this infringes on investor rights or imposes barriers to trade and investment flows.