Monday, January 23, 2017

Canada expects to save trans-Pacific even without EU – Milenio.com

The government of Canada considers that the trans-Pacific Partnership Agreement (TPP) can be "saved", even without the participation of the united States.

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Following news of the executive order of president u.s. Donald Trump to withdraw his country from the TPP, signed by 12 countries, the cabinet of prime minister Justin Trudeau met in Calgary, Alberta, for analysis of mainly the bilateral relationship.

Canada is waiting for tomorrow, Tuesday the arrival of the son-in-law and advisor to the president of us, Jared Kushner, who will meet with Trudeau.

last Friday, the day of the inauguration of Trump as president of the united States, the canadian minister of International Trade, Francois-Philippe Champagne, said that Canada will consider all options to continue with the agreement TPP.

"Canada will consider all options with the states signatories of the TPP, even the possibility of creating a new agreement on the trans-pacific without the involvement of the united States," he said.

Champagne added that "there are several countries with which Canada would be interested in either having a bilateral agreement or seek what would have been with the TPP".

The minister of International Trade dismissed the comment of the prime minister canadian Stephen Harper, who gave to the TPP for dead, although he acknowledged that the agreement will not continue in its original form.

At the recent Economic Forum in Davos, where he met with representatives of the World Trade Organization (WTO), Champagne warned that you need a better way of advocating for free trade agreements "in an era in which growing protectionist sentiment at the global level".

it Is expected that this spring between the introduction of the Free Trade Agreement signed between Canada and the European Union (CETA), which is presented as a new free-market model with a "strong ” labor and environmental standards".

The lawyer Lawrence Herman, of Toronto, said the tv station CP24 that the executive order u.s. reflects a distance between the opening of markets and trade liberalization agreements.

"This decision is a sign of the storm that will come with the NAFTA. Canada needs to be ready if the united States decides to unlock that treaty", he added.

Axel Lawrence, spokesman of the foreign ministry of canada, pointed out that the TPP does not enter into force without the united States

CPR

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