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Trans-Pacific Partnership Deal Comes Together Without U.S.
USAgNet - 01/24/2018

The Trans-Pacific Partnership trade deal has finally been resuscitated. The 11 remaining countries are expected to sign an amended agreement on March 8 in Chile.

Canada threw a spanner in the works at the Apec summit in Vietnam last year, derailing efforts to finalise the deal.

Ottawa has since been coaxed back to the fold after lobbying efforts from Tokyo and Canberra, reports the Guardian.

Trade officials had been meeting in Tokyo to resolve rifts including Canada's insistence on protections for its cultural industries such as movies, TV and music.

Canada's trade minister said the pact included an improved arrangement on cars with Japan and the suspension of intellectual property provisions that had been a concern.

The timing of the deal is significant for Canada, which is trying to diversify its exports. US, Canadian and Mexican negotiators opened a key, week-long round of talks to modernise Nafta on Tuesday.


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