Free trade Asia-Pacific: agreement on a “framework” without the United States (Canada)

Trade ministers and other delegates of countries participating in the negotiations for a broad trade agreement, free trade Asia-Pacific (TPP), on November 9, 2017, at the summit of the APEC (Asia-Pacific) to Danang (Vietnam). (Photo By Na Son Nguyen. POOL)

The minister of Trade of Canada welcomed on Saturday as “great progress” for a relaunch of a broad trade agreement, free trade Asia-Pacific (TPP), which was threatened from the sudden reversal of the United States of the agreement announced by Donald Trump.

In a tweet Saturday morning, François-Philippe Champagne said that his government had agreed “a framework for a new trans-pacific partnership full and progressive” after several days of intense negotiations between the 11 countries concerned, meeting in da nang, Vietnam.

The canadian delegation has, however, clarified in a statement that”there still remained a number of outstanding issues”.

This breakthrough for the creation of the TPP to 11 countries, comes a day after the speech of the american president Donald Trump, who insisted that America will not sign most of the “major agreements that bind his hands and force it to abandon its sovereignty”.

Seen as a counterweight to the growing influence of China, this treaty had been signed in 2015, after difficult negotiations, by 12 Asia-Pacific countries, representing 40% of the global economy.

The heads of States of the countries of the Asia-Pacific region (Apec) are meeting since Friday for a two-day summit in Danang, a coastal city in central Vietnam.

Apec, whose 21 States collect 40% of the world’s population, has members as diverse as Russia, Peru, or Papua New Guinea.

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