At the December 2002 Canada-EU Summit in Ottawa, leaders issued a joint statement instructing their trade ministers to design a forward-looking, wide-ranging bilateral trade and investment enhancement agreement.
On 18 March 2004, at the Canada-EU Summit in Ottawa, leaders agreed to a framework for a Trade and Investment Enhancement Agreement (TIEA). In the same vein, in December 2004 the government of Canada and the EU Commission adopted a voluntary framework for regulatory cooperation.
The first round of negotiations towards the TIEA took place in Brussels in May 2005. Three rounds of negotiation had taken place by end-2005.
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