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Canada will likely be left out of a new system proposed by the European Union for settling disputes between countries and corporations—at least for now.
The commission proposed the court as a way to satisfy European opponents of the investor-state arbitration system enshrined in many of the EU’s existing trade and investment deals, including Canada's trade deal with the EU, said EU Ambassador Marie-Anne Coninsx.
If the EU Parliament and member states approve the proposed investment court, the EU will push …
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