(Lawrence Herman – Globe & Mail)
A lot of balls are in the air, but a final Trans-Pacific Partnership trade agreement is getting closer. It may be closer than we think, with a crucial meeting of top officials from all 12 negotiating countries slated to begin this week in Guam.
Some final horse-trading is needed. For one thing, the Americans have not yet struck a market access deal with Japan, a key component that will become part of a final TPP deal.
But the trans-Pacific agreement is definitely getting closer, and if the U.S. Congress agrees to give President Barack Obama his long-sought trade negotiating authority for these talks, things will really start to move. Click here to read more.
Note: The author is an international trade lawyer with Cassels Brock & Blackwell LLP and a Senior Fellow at the C.D. Howe Institute.
- This Is What Canadian Trade Looks Like Without Oil (Huffington Post)
- Canada Says Will Defend Dairy Protection at Pacific Trade Talks (Reuters)