Ja­pan PM Abe wel­comes broad agree­ment on TPP trade deal

Observer on Saturday - - News - Reuter

Ja­panese Prime Min­is­ter Shinzo Abe yes­ter­day wel­comed “a broad agree­ment” reached by the 11 coun­tries in the Trans Pa­cific Part­ner­ship (TPP), even as oth­ers in the trade pact dis­puted that any deal had been reached.

Trade min­is­ters from the TPP coun­tries met on Thurs­day on the side­lines of the Asia Pa­cific Eco­nomic Co­op­er­a­tion (APEC) sum­mit in Danang, Viet­nam.

Af­ter the meet­ing, Ja­pan said an agree­ment in prin­ci­ple had been reached, but the Cana­dian trade min­is­ter said on Twit­ter: “De­spite re­ports, there is no agree­ment in prin­ci­ple on TPP.”

The spat high­lighted the con­tin­u­ing chal­lenge to re­viv­ing a pact whose sur­vival was thrown into doubt when Pres­i­dent Don­ald


Trump ditched it, in one of his first acts in of­fice, in favour of bi­lat­eral deal-mak­ing by the United States.

Abe told Peru’s Pres­i­dent Pe­dro Pablo Kuczyn­ski that he wel­comed a broad agree­ment reached at the TPP min­is­te­rial meet­ing, a writ­ten state­ment by the Ja­panese gov­ern­ment said yes­ter­day.

The Ja­panese leader told Kuczyn­ski that Ja­pan would like to con­tinue co­op­er­at­ing closely with Peru, one of the TPP coun­tries, so that the pact will go into ef­fect at an early date.

WEL­COMES: Ja­panese Prime Min­is­ter Shinzo Abe.

Newspapers in English

Newspapers from Swaziland

© PressReader. All rights reserved.