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TPP countries salvage agreement to keep trade deal alive

2017-11-11 09:42:22       source:Straitstimes

November 11, 2017

DANANG, Vietnam (REUTERS) – Countries in the Trans-Pacific Partnership (TPP) have agreed on steps to move ahead with the trade deal despite resistance from Canada at talks in Vietnam that had put new doubts over its survival, officials said.

According to a draft of the final statement seen by Reuters and due to be released on Saturday (Nov 11), the 11 countries have agreed to the core elements of a deal but more work remains.

The so-called TPP-11 is made up of Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam, all members of the Asia-Pacific Economic Cooperation (Apec) forum.

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