Canada’s Trudeau says more work needed on TPP
Canada is still engaged and hopeful that a Trans Pacific Partnership (TPP) agreement will be ratified, Canadian Prime Minister, Justin Trudeau told reporters in Vietnam on Saturday (November 11).
Countries in the TPP trade deal have agreed on the core elements to move ahead without the United States, officials said on Saturday, after last-minute resistance from Canada raised new doubts about its survival.
Canada, which has the second-biggest economy among remaining TPP countries after Japan, had said it wanted to ensure a progressive agreement that would protect jobs.
Canada’s position has been further complicated by the fact that it is simultaneously renegotiating the North American Free Trade Agreement (NAFTA) with the Trump administration.
Speaking to reporters on Saturday, Trudeau said though Canada was pleased with the progress made on TPP, there was still more important work to be done.