Vietnam APEC summit: Eleven nations under Trans Pacific Partnership agree on major trade deals

Members of Trans Pacific Partnership agree on major trade deal at APEC Summit in Vietnam

FP Staff November 11, 2017 16:23:47 IST
Trade ministers from 11 Asia-Pacific countries agreed to press ahead with a major trade deal on Saturday at APEC Summit in Vietnam without the US which sought to leave under President Donald Trump's 'America First' policy. AP
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Trade ministers from 11 Asia-Pacific countries agreed to press ahead with a major trade deal on Saturday at APEC Summit in Vietnam without the US which sought to leave under President Donald Trump's 'America First' policy. AP
Trump pulled US out of the Trans Pacific Partnership at the start of the year dismaying allies and casting into doubt an agreement heralded for tying lower tariffs to strong environmental and labour protections. AP
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Trump pulled US out of the Trans Pacific Partnership at the start of the year dismaying allies and casting into doubt an agreement heralded for tying lower tariffs to strong environmental and labour protections. AP
In a joint statement, the TPP-11 said they have agreed on the core elements of a deal at the sidelines of the APEC Summit in Vietnamese city of Danang. AP
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In a joint statement, the TPP-11 said they have agreed on the core elements of a deal at the sidelines of the APEC Summit in Vietnamese city of Danang. AP
The TPP-11 signed the major trade deal after days of stalled talks raised fears it could collapse altogether. AP
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The TPP-11 signed the major trade deal after days of stalled talks raised fears it could collapse altogether. AP
Canada's trade minister described the breakthrough as a big progress as country held out to maintain environmental and labour protection linked to freer markets in the deal. AP<img class="size-full wp-image-4204829" src="http://www.firstpost.com/wp-content/uploads/2017/11/Untitled-design-165.jpg" alt="CAPTION" width="940" height="580" />Meantime China has offered a starkly different vision ,casting itself as the new global leader  for free trade while Japan is actively pushing for a swift consensus fearing delays could lead to collapse of the pact after years of negotiations. AP
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Canada's trade minister described the breakthrough as a big progress as country held out to maintain environmental and labour protection linked to freer markets in the deal. AP<img class="size-full wp-image-4204829" src="http://www.firstpost.com/wp-content/uploads/2017/11/Untitled-design-165.jpg" alt="CAPTION" width="940" height="580" />Meantime China has offered a starkly different vision ,casting itself as the new global leader  for free trade while Japan is actively pushing for a swift consensus fearing delays could lead to collapse of the pact after years of negotiations. AP
More than 10,000 delegates, 2,000 chief executive officers of leading firms in APEC economies and 3,000 reporter are attending the five-day Summit that began on 6 November. AP
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More than 10,000 delegates, 2,000 chief executive officers of leading firms in APEC economies and 3,000 reporter are attending the five-day Summit that began on 6 November. AP
Trump and Xi Jinping joined leaders from across the Asia-Pacific region for closed door summit talks, including Russia's Vladimir Putin, Japan's Shinzo Abe and Canada's Justin Trudeau.AP
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Trump and Xi Jinping joined leaders from across the Asia-Pacific region for closed door summit talks, including Russia's Vladimir Putin, Japan's Shinzo Abe and Canada's Justin Trudeau.AP