Registration was successful!
Please follow the link from the email sent to

TPP Signatories Determined to Continue Work on Trade Deal - Australian Minister

© AFP 2022 / Nicholas Kamm Delegates show their opposition to the Trans-Pacific Parternership Agreement (TPP) during Day 1 of the Democratic National Convention at the Wells Fargo Center in Philadelphia, Pennsylvania, July 25, 2016.
Delegates show their opposition to the Trans-Pacific Parternership Agreement (TPP) during Day 1 of the Democratic National Convention at the Wells Fargo Center in Philadelphia, Pennsylvania, July 25, 2016. - Sputnik International
Subscribe
The signatories of the Trans-Pacific Partnership (TPP) deal have a goodwill to continue their move toward the creation of a free trade zone, Australian Trade Minister Steven Ciobo said Wednesday.

MOSCOW (Sputnik) — The future of the TPP was put into question after the victory of Trump in the US presidential election on November 8. During his presidential campaign, the US president-elect has repeatedly criticized the deal and expressed the desire to shift the focus from the global trade to national economic development in order to support the US economy.

"New Zealand is moving forward, Japan is moving forward, so there is still a lot of goodwill among signatories of the TPP so we will just have to see what happens in the fullness of time with respect to that," Ciobo said, as quoted by The Sydney Morning Herald, answering a question about the impact of the TPP collapse on free-trade deals in the region.

Japan's Prime Minister Shinzo Abe meets with U.S. President-elect Donald Trump (R) at Trump Tower in Manhattan, New York, U.S., November 17, 2016 - Sputnik International
Japan to Continue Advocating for TPP After Trump's Inauguration - Prime Minister
He added that the process of ratification of the TPP deal had not collapsed yet and the United States need some more time to evaluate the benefits of the agreement.

The TPP seeks to remove barriers to trade among its 12 signatories, which together account for 40 percent of the world's economy: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam. The agreement was signed in New Zealand's Auckland on February 4.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала