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TPP Cannot Enter Into Force Without US - Canada’s Foreign Ministry

21:52 23.01.2017(updated 21:53 23.01.2017) Get short URL

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The Trans-Pacific Partnership (TPP) free trade agreement will not enter into force without the United States, Global Affairs Canada spokesperson Natasha Nystrom told Sputnik on Monday.

Mexico to Start Bilateral TPP Talks Immediately After US Withdrawal - President

WASHINGTON (Sputnik) — Earlier on Monday, US President Donald Trump signed an executive order initiating the withdrawal from the 12-nation free trade agreement. TTP was a key policy of former US President Barack Obama's second term.

"The agreement cannot enter into force without the United States," Nystrom said.

During his presidential campaign, Trump often criticized the TPP agreement and called it a "terrible deal," which is harmful for US workers.

The TPP free trade deal, covering 40 percent of the global economy, was signed last February by Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam, and the United States.

Trump is expected to renegotiate the North American Free Trade Agreement (NAFTA) as well.

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Related:: Mexico to Start Bilateral TPP Talks Immediately After US Withdrawal - President

: Trump Signs Executive Order on US Withdrawal From TPP Trade Deal

: China Voices Readiness to Lead World in Free Trade After US' Pullout From TPP

: Australian Government Puzzled by US Pullout From TPP Trade Deal, Mulls 'Plan B'

: Will TPP End Up Dead Without the US?

Tags:

Trans-Pacific Partnership (TPP), Donald Trump, Canada, United States

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