Pacific Nations Scramble to Save TPP After Trump’s Exit
- Australia says trade deal is ‘very close’ to being secured
- Canada is aiming for a good TPP agreement over a fast deal
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Pacific nations are scrambling to agree on how to salvage a blockbuster trade pact after days of talks in Vietnam, with Australia confident of an outcome but Canada warning it wants a good deal over a fast one.
Trade ministers meeting on the sidelines of the Asia-Pacific Economic Cooperation summit are due to present their proposal on the future of the Trans-Pacific Partnership to leaders on Friday afternoon. As of Friday morning there remained uncertainty as to whether an agreement had been reached, or would be reached, and what sort of statement the leaders might release.