Minister Fast Marks Conclusion of Latest Trans-Pacific Partnership Negotiations
Canada continues to actively advance its interests to create jobs and opportunities in the fast-growing Asia-Pacific region
February 25, 2014 - Singapore - Foreign Affairs, Trade and Development Canada
The Honourable Ed Fast, Minister of International Trade, today marked the conclusion of the latest round of Trans-Pacific Partnership (TPP) negotiations. Ministers from negotiating countries met in Singapore from February 22 to 25, 2014, to continue their pursuit of a comprehensive and balanced agreement. The previous ministerial round of negotiations was held in December 2013.
- Twelve countries are currently participating in the TPP negotiations: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam.
- The TPP market represents more than 792 million people and a combined GDP of $28.1 trillion—nearly 40 percent of the world’s economy.
- A TPP agreement is expected to generate significant broad-based benefits across all industry sectors and regions of Canada.
“TPP negotiations are part of our ambitious pro-trade, pro-export plan to create jobs and opportunities for Canadian workers and businesses targeting the dynamic and fast-growing Asia-Pacific region. We continue to promote and advance Canada’s interests at the negotiating table, and work by all members is continuing toward an agreement.”
- Ed Fast, Minister of International Trade
Office of the Honourable Ed Fast
Minister of International Trade
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