Canada Taking Its Time To Ratify TPP Deal

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Canada is set to hold back on ratifying a key Asia-Pacific trade treaty, a move that would assuage critics but might hamper Washington’s bid to build domestic support for the deal, according to sources close to the talks.

Canada is one of 12 countries that initialled the Trans-Pacific Partnership (TPP) in early October, agreeing in principle to create a trade zone covering 40 per cent of the world’s economy.

TPP members are now talking about signing the deal in February, a crucial step which paves the way for ratification.
Source: HP

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