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Tuesday, November 14, 2017

Canada Only Holdout on Final TPP-11 Deal, But Agreement Reached On 'Core Elements'

Japanese Prime Minister Shinzo Abe said Canada was the only country holding out over whether to move forward with a revised version of the Trans-Pacific Partnership (TPP) from which the U.S. withdrew. According to Reuters, Abe said a broad agreement has been reached at a ministerial meeting, but the Canadian side said they are not yet at the stage where its leader can confirm the agreement reached among ministers.All the other leaders are already in the stage where they can confirm the ministerial-level agreement, Abe added. Some say a deal could be announced as soon as early next year. Negotiators say they have left the door open for the U.S. to re-enter the pact at a later date if they want to.