Canada welcomes release of final text of CPTPP deal

February 21, 2018

The final version of a landmark deal aimed at cutting trade barriers in some of the Asia-Pacific's fastest-growing economies was released on Wednesday, signalling the pact was a step closer to reality even without its star member the United States.

More than 20 provisions have been suspended or changed in the final text ahead of the deal's official signing in March, including rules around intellectual property originally included at the behest of Washington.

The original 12-member deal was thrown into limbo early last year when U.S. President Donald Trump withdrew from the agreement to prioritize protecting U.S. jobs.

This was excerpted from the 20 February 2018 edition of CBC News.

Topic(s)

Trade Agreements

Information source

Canadian News Channel

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