Close X
Wednesday, November 27, 2024
ADVT 
National

TPP: Negotiators Close In On Auto Deal, Approaching 12-Country Trade Pact

Darpan News Desk The Canadian Press, 02 Oct, 2015 01:11 PM
    ATLANTA — Negotiators are closing in on a Trans-Pacific Partnership agreement after clearing a major logjam on automobiles.
     
    Details have filtered out to stakeholder groups gathered in Atlanta for negotiations toward a 12-country trade pact.
     
    The agreement will likely allow more foreign car parts than under the North American Free Trade Agreement but will be more complex, to make accommodations for different domestic producers.
     
    International Trade Minister Ed Fast confirmed he was optimistic the issue could be solved.
     
    But he said talks were ongoing and he wouldn't confirm details but would only agree to a deal that ensures the long-term viability of Canada's auto sector.
     
    He also appeared to confirm that dairy remains a late obstacle to an agreement: "There's still lots of work to be done."
     
    Canada is expected to open up the highly sheltered sector to more imports, but has balked at the amounts proposed by other countries.
     
    The Canadian government faces domestic pressure at the Atlanta meeting: representatives from dairy-producing provinces, who are not at the negotiating table. They are there pushing against any opening to foreign milk and cheese.
     
    Fast says he's met with 20 Canadian stakeholder groups, and has met with those provincial ministers in Atlanta.
     
    Canada isn't the only country with domestic pressure: the U.S. side has received a public letter from influential lawmakers urging it to walk away unless it can secure certain gains for American businesses.
     
    One official from the biggest U.S. business lobby present at the talks, however, said it's urgent to get a deal now - because she said failure in Atlanta could permanently doom the decade-long initiative.
     
    Canada's election is only the first of several over the coming year that could play havoc with attempts to ratify a deal.

    MORE National ARTICLES

    B.C. Boy Sentenced For 'Halloween' Movie-Like Attempted Murder Of His Little Sister

    B.C. Boy Sentenced For 'Halloween' Movie-Like Attempted Murder Of His Little Sister
    A boy who repeatedly watched a violent scene from a well-known horror movie before stabbing his little sister several times in their home near Prince George, B.C., won't be going to prison.

    B.C. Boy Sentenced For 'Halloween' Movie-Like Attempted Murder Of His Little Sister

    Online Child Luring Charge Against Pemberton, B.C. Man After Search At Whistler Workplace

    Online Child Luring Charge Against Pemberton, B.C. Man After Search At Whistler Workplace
    WHISTLER, B.C. — A 40-year-old Pemberton, B.C., man has been charged with trying to lure a child online.

    Online Child Luring Charge Against Pemberton, B.C. Man After Search At Whistler Workplace

    Nurses Fired, Replaced To Cut Costs At Abbotsford's Seniors' Facility, Menno Place

    Nurses Fired, Replaced To Cut Costs At Abbotsford's Seniors' Facility, Menno Place
    Menno Place CEO Karen Baillie says 29 registered nurses and licensed practical nurses have been let go at Menno Hospital because the facility is running a deficit.

    Nurses Fired, Replaced To Cut Costs At Abbotsford's Seniors' Facility, Menno Place

    Police Investigate Deaths Of Two Women After Vehicle Goes Off Road, Into Ditch

    Police Investigate Deaths Of Two Women After Vehicle Goes Off Road, Into Ditch
    MCBRIDE, B.C. — Two women have died after a vehicle left Highway 16, east of McBride, B.C., and rolled into a ditch.

    Police Investigate Deaths Of Two Women After Vehicle Goes Off Road, Into Ditch

    Vancouver Art Gallery Unveils New Building Design To Mixed Public Review, Social Media Abuzz

    Vancouver Art Gallery Unveils New Building Design To Mixed Public Review, Social Media Abuzz
     If the intention behind unveiling the striking conceptual design for the new Vancouver Art Gallery was to get people talking, then the mission has already been an unbridled success.

    Vancouver Art Gallery Unveils New Building Design To Mixed Public Review, Social Media Abuzz

    Small B.C. Wineries Fear Grocery Store Wine Sales Could Wipe Them Out

    Small B.C. Wineries Fear Grocery Store Wine Sales Could Wipe Them Out
    They worry grocery stores will tend to stock wines from large wineries because bigger volumes and lower unit costs will deliver fatter profits.

    Small B.C. Wineries Fear Grocery Store Wine Sales Could Wipe Them Out