Talks on a Pacific trade deal involve 11 countries
Posted: Oct 9, 2012 4:37 PM ET
Last Updated: Oct 9, 2012 5:12 PM ET
The federal government has announced it has formally joined talks on the Trans-Pacific Partnership, a vast trade deal that Ottawa hopes will open new markets to Canadian exports.
Negotiations on the Trans-Pacific Partnership — or TPP — involve 11 countries with a combined population of 658 million people and combined GDP of $20.5 trillion:
- New Zealand.
- United States.
Canada had lobbied to join the talks for several months and was invited along with Mexico to take part in June.
A 90-day notification period imposed by the U.S. Congress expired on Monday, and other member governments had to approve Canada and Mexico’s invitations to the talks, which have been under way for more than 2½ years.
International Trade Minister Ed Fast, who is leading a trade mission to the Middle East this week, confirmed Tuesday that Canada has now joined the negotiations. In a written statement, Fast called the TPP “a 21st-century agreement that advances Canadian interests.”
Others are less enthusiastic. Critics of the TPP worry that Canada’s supply management system, which protects dairy and poultry farmers, could be at risk under the deal.
There are also concerns that, because Canada is coming to the negotiating table late, it will have no say over provisions in the agreement that have already been agreed to by other countries.
“We’re negotiating with one arm tied behind our backs,” said Peggy Nash, finance critic for the opposition NDP.
As Ottawa enters the TPP talks, it continues to pursue a free trade deal with the European Union. Canada has also begun bilateral trade talks with Japan, India, Thailand, Singapore and several other countries.
Please feel free to add feedback, additional info, alternative contact details, related links, articles, anonymous submission, etc. as a comment below, via web-form, through social media or mail us directly and confidentially at: dumpharper [at] live [dot] ca
This site may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in an effort to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. and intend its use to be for education and instructional purposes only. Therefore, we believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond “fair use,” you must obtain permission from the copyright owner.
ShareAlike Statement: https://dumpharper.wordpress.com/sharealike/