Close X
Wednesday, December 4, 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

    Countdown Begins To The Spectacular 6th Annual DARPAN Extraordinary Achievement Awards

    Countdown Begins To The Spectacular 6th Annual DARPAN Extraordinary Achievement Awards
    Taking place September 18 at Aria Banquet and Convention Centre in Surrey, the Red Carpet rolls out at 6.30pm which will see 700 of Vancouver’s top social and business elite in the South Asian community.

    Countdown Begins To The Spectacular 6th Annual DARPAN Extraordinary Achievement Awards

    11-Year Sentence Means Neil Snelson Guilty Of Manslaughter Will Serve Less Than 2 Years

    11-Year Sentence Means Neil Snelson Guilty Of Manslaughter Will Serve Less Than 2 Years
    Family and friends of a 19-year-old woman who was strangled and beaten to death reacted angrily outside court in Kamloops, B.C., after a judge sentenced her killer to 11 years in prison.

    11-Year Sentence Means Neil Snelson Guilty Of Manslaughter Will Serve Less Than 2 Years

    Victoria Police Investigate Suspicious Death Of 18-Month-Old Girl

    Victoria Police Investigate Suspicious Death Of 18-Month-Old Girl
    Officers were called to a home around 6 a.m. Wednesday to check on the welfare of people inside.

    Victoria Police Investigate Suspicious Death Of 18-Month-Old Girl

    Hailey Dunbar-Blanchette Murder: 'The Loss Of A Child Is The Most Difficult Sorrow A Family Can Bear

    Hailey Dunbar-Blanchette Murder: 'The Loss Of A Child Is The Most Difficult Sorrow A Family Can Bear
    Some quotes about the killing of two-year-old Hailey Dunbar-Blanchette and her father Terry Blanchette:

    Hailey Dunbar-Blanchette Murder: 'The Loss Of A Child Is The Most Difficult Sorrow A Family Can Bear

    Vancouver Police Ask For Help Identifying Victim And Suspect Recorded In Violent Attack

    Vancouver Police Ask For Help Identifying Victim And Suspect Recorded In Violent Attack
    Investigators are looking for a white man, aged 25 to 40, with a medium build.

    Vancouver Police Ask For Help Identifying Victim And Suspect Recorded In Violent Attack

    BC Ferries Fares To Rise Again In April And For Next Four Years: Commissioner

    Ferries commissioner Gord Macatee confirmed Wednesday that price increases will be capped at 1.9 per cent per year from 2016 to 2020, as proposed earlier this year.

    BC Ferries Fares To Rise Again In April And For Next Four Years: Commissioner