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Trans-Pacific Trade Deal is Down to the Wire. Speak Now, Canadian Business

Posted May 14, 2015

Under Economic Issues, International Trade Issues

(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.

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