Trudeau holds bilateral talks with Mexican and Japanese leaders at APEC summit

12 November, 2017, 10:17 | Author: Leticia Walters
  • New Zealand trade envoy: TPP chances best if changes few

The challenge for Canada and Mexico is that both TPP nations are also in the midst of renegotiating the North American free-trade agreement with the US, meaning that numerous same issues are in play at the two separate negotiating tables.

These include to changes to trade rules related to the auto sector and culture.

"The fact that global meetings were held continuously in a very short time is unprecedented, it did not happen even during the earlier negotiation period", Motegi said.

A report in Australia's Sydney Morning Herald said Trudeau "sabotaged" the talks at the last minute by failing to show up for the meeting.

That view came from some unlikely sources, including some former Harper-era Conservatives who were intimately involved in the original negotiation of the TPP, the Canada-EU free trade deal known as CETA, and many other deals of varying sizes.

Viet Nam's Industry and Trade Minister Tran Tuan Anh (left) and Japanese economic revitalisation minister Toshimitsu Motegi, co-chair Saturday's press conference.

Made from locally-grown barley, corn, rye and wheat, Canadian Whisky and other Canadian Spirits are amongst the most highly added-value Canadian exports, supporting local farmers, providing jobs to Canadians across the country, and creating wealth for Canada.

Australia will still walk away from the APEC summit with a free trade pact with Peru that will eliminate almost all tariffs exporters face into the Latin American country.

Trump said he would not enter into large trade agreements, alluding to US involvement in the North American Free Trade Agreement and the TPP.

Reuters said a statement was due to be made today, and it marked "a successful conclusion to talks in Vietnam", which at one stage had looked headed for failure amid resistance by Canada. The New Zealand Herald reported that Trudeau's "no-show" had delayed TPP talks indefinitely.

But the signing never happened, much to the chagrin of many an Asian country.

"Canadians have repeatedly expressed their opposition to the TPP, so the Prime Minister has no public mandate to support it", says Larry Brown, President of the National Union of Public and General Employees.

A blockbuster Pacific trade pact abandoned by US President Donald Trump has edged closer to becoming reality after days of tense talks in Vietnam.

The political drama included a scheduled meeting of TPP leaders that Mr. Trudeau did not attend and that was ultimately cancelled, leading to worldwide media reports that Canada had "screwed" its TPP allies after getting cold feet.

Trudeau's lengthy bilateral discussion with Abe started before the meeting's cancellation. The official disputes the notion it was a snub because the leaders would mingle at APEC events over the next 24 hours anyway.

"My guess would be the NAFTA talks make concessions on auto and agriculture incredibly hard as TPP could undermine those negotiations", said Geist.

Staying away from the meeting wasn't a negotiating strategy, but it did yield results, the official claimed.

The announcement of a basic agreement was delayed by last-minute discord that prevented the TPP leaders from endorsing the plan when Canadian Prime Minister Justin Trudeau did not join other leaders who gathered Friday to endorse an agreement in principle on pressing ahead without the U.S.

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