Thursday 18th of January 2018

Follow Us

Breaking News

Trans Pacific Partnership deal back on track

Trenton,Nov 14:-- The Trans Pacific Partnership (TPP) talks took a bizarre twist Friday when it was announced that the 11 countries had reached an agreement.


Canadian Prime Minister Justin Trudeau skipped the leaders’ meeting called to thrash out the deal.


The impasse was overcome when all countries decided they would adhere to exacting labor and environmental standards, as Canada had insisted, as part of the TPP deal. The talks were a corollary to the Asia Pacific Economic Cooperation summit underway in Vietnam.


Some countries, notably Malaysia and Vietnam, balked at provisos that outlawed child and forced labor, and also laws that established uniform “acceptable conditions of work” and the right to collective bargaining by workers.


In the face of Canada walking away from the talks, the holdouts accepted the terms, leaving Canada’s International Trade Minister Philippe-Francois Champagne to praise Trudeau’s hardball tactic.


“We got a better deal for Canada, we were also able to enhance the progressive elements – as the prime minister says you don’t do trade in the 21st Century like you did before,” Champagne said.


But the official line, as espoused by Champagne, was that Trudeau missed the meeting because of a “misunderstanding” about the schedule. But earlier Friday, Australian and New Zealand media said that Canada alone was to blame for derailing the talks.


Nevertheless, a joint statement set to be released Saturday but obtained Friday ignored the tension of earlier in the day.


“Ministers are pleased to announce that they have agreed on the core elements of the Comprehensive and Progressive Agreement for the Trans Pacific Partnership,” the statement reads.


The pact is not a done deal, though.


“What we have achieved today is identifying the areas where work needs to be done,” Champagne said.


But now the talks can begin in earnest with some of the previously contentious barriers overcome.


The TPP countries are Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.


The United States was originally included in negotiations, but President Donald Trump pulled out of the TPP.

Related Americas News

Progress against hunger, poverty hinges on empowering indigenous women – UN agriculture chief

 Un,Jan 16,(Fast Mail):-- Empowering indigenous women – who have higher malnutrition rates than any other social group and typically earn far less than men – is key to successfully fighting hunger and extreme poverty, the United Nations agriculture chief has said.   “Indi....

Helicopter for utility work crashes in field, killing 2 men in US

 Washington,Jan 16:-- In the United States, a helicopter used for inspecting power lines has crashed into a snowy Ohio field, killing the two men on board. It's not clear what caused the crash today just south of the Ohio Turnpike in Wood County.   Sheriff Mark Wasylyshyn said there was no....

US set to cut UN money for Palestinian refugees

 Washington,Jan 15,(Fast Mail):-- The Trump administration is preparing to withhold tens of millions of dollars from the U.N. agency for Palestinian refugees, cutting the year’s first contribution by more than half or perhaps entirely, and making additional donations contingent on major c....

I am not a racist, says US President Donald Trump

 Washington,Jan 15:-- US President Donald Trump today said he is not a racist as he sought to steer clear of the controversy surrounding his reported remarks against immigrants from certain countries. He told reporters in Florida that he is not a racist.   Earlier, during a meeting with a ....

UN chief expresses hope for peace process in Colombia

 Bogotta,Jan 15(The Fast Mail):-On the second day of an official visit to Colombia, United Nations Secretary-General António Guterres on Sunday expressed hopes for the future and for the peace process in the South American country.   “I am extremely happy to see the enthusiasm....

Editor :
Jagadananda Pradhan
Email :
Mob :(+91) 9437155542
Ph : 06764 223911
Contact Us
© 2015 Fast Mail Media Pvt Ltd. All Rights Reserved.
Developed by : FM Media Pvt Ltd.