Italy will not ratify EU/Canada trade deal.

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The Italian government has threatened not to ratify the EU/Canada trade deal titled: the Comprehensive Economic and Trade Agreement (CETA). CETA would be the largest trade deal since the EU/South Korea trade agreement in 2011.

The main reason for Italy’s opposition to the EU/Canada trade deal is the lack of protection for Italy’s specialty foods. The EU/Canada trade deal featured Protected Designation of Origin (PDO) and Protected Geographical Indication (PGI).¬†Under CETA, Canada has recognized more than 40 Italian PDO and PGI labels out of a total of 292 foods.

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