Medicine

Pacific Forum Sticks To Free-Trade Gospel Despite Trump

Pacific Forum Sticks To Free-Trade Gospel Despite Trump

"Maybe it will be not everything that was agreed on the TPP-12, but it can be for them to be able to start with something, and then hopefully, later on, the United States will come in again", Tan Sri Rastam said.

Prime Minister Jacinda Ardern says New Zealand First won't make a decision on whether it backs the CPTPP (the rebranded Trans Pacific Partnership Agreement) through Parliament, until it's seen the final deal.

The leading Pacific Rim nations, including Japan, Australia, Mexico and Malaysia, said they had revived the Trans-Pacific Partnership (TPP) deal - even though the trade pact was abandoned by USA president Donald Trump in one of his first acts in office.

There are effectively four remaining issues of concern to Canada to be resolved, Mr Ciobo said.

The TPP - now called the Comprehensive Progressive Trans-Pacific Partnership - has been agreed in principle by the 11 nations in it, including New Zealand.

"We are still negotiating - this is a very, very complex negotiation", Freeland said.

HCM City wishes to join hands with Canada to boost cooperation and friendship in delegation exchange and economy, trade, urban management and education, Phong said.

Asked by reporters if the deal had the support of Canada, whose Prime Minister Justin Trudeau did not show up for the meeting planned for Friday, Motegi said "yes". "That is what I've been saying at least for a week, and I've been saying it around TPP12 for years now, and that position continues to hold", Trudeau tells CBS Radio-Canada.

More news: Didier Drogba Confirms He Will Retire At The End Of The Season

Aspects of the trade pact have raised hackles also over a requirement that companies be allowed to sue governments for lack of enforcement of related laws.

In a joint statement, the ministers said the new pact maintains the "high standards, overall balance and integrity" of the TPP, while ensuring the interests of all participants and "preserving our inherent right to regulate, including the flexibility of the parties to set legislative and regulatory priorities".

The 11 counties remaining in the trade pact rejected by Trump in January have been working to revise the deal to allow them to proceed without USA involvement.

Trump reiterated his markedly different stance on trade before the 21-member APEC summit convened late Friday with a gala banquet. However, it was described as a "disaster" by US President Trump during his election campaign, claiming it would threaten American jobs by introducing lower-wage competition.

In contrast, Chinese President Xi Jinping told the same group that nations need to stay committed to economic openness or risk being left behind.

TPP took seven years to negotiate and was drafted in part to counter China's dominance in Asia.

The negotiations took place on the sidelines of the APEC summit in Vietnam over the weekend, with Ms Ardern and Trade Minister David Parker leading New Zealand's team.


  • Euro area GDP picks up slightly in third quarter

    Euro area GDP picks up slightly in third quarter

    Separately, Eurostat said euro zone industrial production fell by 0.6% month-on-month in September as expected by markets. Germany was a major factor, but even some of the bloc's laggards, such as Italy, showed signs of revival.
    S&P cuts Venezuela's sovereign debt rating to 'selective default'

    S&P cuts Venezuela's sovereign debt rating to 'selective default'

    Vice-president El Aissami blamed United States sanctions for delays to Venezuela's debt repayments. The agency said it acted after a 30-day grace period had passed on payments on two bonds.
    Buffalo Wild Wings stock soars on report of takeover offer

    Buffalo Wild Wings stock soars on report of takeover offer

    Barclays is reportedly working as Roark's financial adviser, while Goldman Sachs is working with Buffalo Wild Wings . According to a CNBC report , Roark Capital Group has made a bid offer of $150 per share to buy Buffalo Wild Wings .
  • Eli Lilly and Company (LLY) Position Lessened by Riverhead Capital Management LLC

    Eli Lilly and Company (LLY) Position Lessened by Riverhead Capital Management LLC

    Eli Lilly and Company ( LLY ) have shown a high EPS growth of -8.00% in the last 5 years and has earnings rose of 14.10% yoy. Similarly, the company's 10% Owner LILLY ENDOWMENT INC on 2017-10-04 Sell 205000 shares of the company at a price of $86.81.
    Senate approves Buhari's $5.5 billion external loan request

    Senate approves Buhari's $5.5 billion external loan request

    Analysts say implementation of Buhari's budgets since taking office in 2015 has been lacking, particularly on capital expenditure.

    Cohen & Steers Global Realty Majors ETF (GRI) Rises 0.06% for Nov 12

    Arete Wealth Advisors Ltd Liability stated it has 0.34% of its portfolio in Cohen & Steers infrastucture Fund Inc (NYSE:UTF). The Chevy Chase Trust Holdings Inc holds 490,657 shares with $35.08 million value, down from 557,324 last quarter.
  • Marvell Technology Group Ltd

    Analysts are also projecting an Average Revenue Estimate for Marvell Technology Group Ltd .as $610770 in the Current Quarter. The stock of Marvell Technology Group Ltd . (NASDAQ: MRVL ) earned "Outperform" rating by Cowen & Co on Thursday, August 27.
    Duke vs. Michigan State live stream

    Duke vs. Michigan State live stream

    Despite almost putting up triple digits on the scoreboard Friday, the Spartans finished only 3-of-12 from beyond the arc. The top HS prospect in the Class of 2018 announced on Friday night that he will be taking his talents to Duke next fall.

    Vodafone returns to profit as mobile data offsets losses in India

    BidaskClub downgraded Vodafone Group PLC from a "strong-buy" rating to a "buy" rating in a research report on Friday, August 18th. The company presently has a consensus rating of "Hold" and an average price target of $31.52.
  • Police arrest 5 in officer-involved shooting

    Police arrest 5 in officer-involved shooting

    The Bristol County District Attorney's office is investigating whether the police shooting was justified. Neither Quinn's office nor Fall River police answered additional questions about the shooting yesterday.
    Packers RBs Jones, Montgomery out with injuries

    Packers RBs Jones, Montgomery out with injuries

    Hundley responded to the challenge, making the kind of throws that can push the Packers back to the playoffs. Adams snatched the ball and darted past the pylon for a 19-yard touchdown - the second of Hundley's career.
    Industrial production rises 6.2%

    Industrial production rises 6.2%

    One of the main pieces of the data provided was the stellar industrial output which increased by 6.2% from a year ago. The growth rate was 14.4 percentage points faster than the same period of past year .