Arab Today, arab today japan wins bid for pacific pact talks overturns canada
Last Updated : GMT 08:08:24
Arab Today, arab today
Arab Today, arab today

Consultations over ahead of $25tn market plan

Japan wins bid for Pacific pact talks, overturns Canada

Arab Today, arab today

Arab Today, arab today Japan wins bid for Pacific pact talks, overturns Canada

Canada has ‘successfully concluded’ consultations with Japan for TPP talks
Surabaya – Arabstoday

Canada has ‘successfully concluded’ consultations with Japan for TPP talks Surabaya – Arabstoday Japan won its bid to enter talks on a massive Pacific trade pact Saturday after winning over its last opponent, Canada, for a proposed agreement that would account for more than 40 percent of the global economy.
The decision became unanimous when Canada "successfully concluded" consultations with Japan after being the sole nation of 11 in the US-driven Trans-Pacific Partnership (TPP) that still opposed Tokyo's participation.
"These consultations have been informed by a robust and ongoing engagement with Canadian stakeholders, and it's that engagement that helped inform this process," Canadian Trade Minister Ed Fast said in a statement sent to AFP.
"We look forward to continuing to work together (with Japan) to deepen our trade and investment relationship in a manner that will generate significant benefits for hard-working people in both our countries."
Canada's approval came after bilateral talks on the sidelines of an Asia-Pacific Economic Cooperation trade ministers' meeting in the Indonesian city of Surabaya.
Fast said the TPP offered "tremendous opportunity to expand Canada's partnerships in Asia" while strengthening relationships in the Americas.
"Concluding an agreement with our TPP partners that advances Canadian interests is a key part of our government's ambitious pro-trade plan," Fast said.
With the entry of Japan, the third-largest economy, into the free-trade talks the pact would cover nearly 40 percent of the global economy, making it the biggest free-trade agreement in the world.
The bloc is aimed creating a tariff-free zone with a market of around $25tn covering some 800 million people.
Although member countries had expressed interest in Japan joining the talks, many wanted to see Tokyo make firm commitments in reducing tariffs on imports.
Washington earlier this month gave Japan the thumbs-up for talks on the free-trade agreement despite opposition from Japanese farmers and some US labour groups and manufacturers.
To allay concerns of higher competition in the US automotive industry, Japan agreed that US tariffs on its cars would be phased out at the latest possible time allowed by a future accord.
President Barack Obama has championed the TPP as a way to boost the US economy through trade and to build a US-driven order in a fast-growing region where China -- which is not part of the talks -- is gaining clout.
Japan joins Australia, Brunei, Chile, Canada, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam in TPP negotiations.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japan wins bid for pacific pact talks overturns canada Arab Today, arab today japan wins bid for pacific pact talks overturns canada

 



Arab Today, arab today
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Blind sheikh buried in Egypt

GMT 06:32 2017 Thursday ,23 February

Blind sheikh buried in Egypt
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success

GMT 09:57 2017 Tuesday ,21 February

Greece agrees to bailout reforms compromise

GMT 09:55 2017 Monday ,20 February

Thailand 2016 growth up but below junta target

GMT 09:29 2017 Monday ,20 February

Kraft Heinz withdraws bid for Unilever

GMT 09:22 2017 Monday ,20 February

China's huge debt poses big headache for central bank

GMT 18:23 2017 Sunday ,19 February

Darwesh vows to provide job opportunities for youth

GMT 12:10 2017 Sunday ,19 February

Welcomes the F&B solution of the future

GMT 10:06 2017 Friday ,17 February

South Korea's Hanjin Shipping declared bankrupt
View News in Arabic - Business: أخبار الأعمال
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Salma Rashid happy for 'A Whisper of Love'

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'
Arab Today, arab today Small ponds have outsized impact

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection

GMT 14:06 2017 Friday ,17 February

London to tax old cars

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 05:15 2017 Tuesday ,21 February

Omega 3 can reduce asthma cases

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday