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POLITICS

Canada becomes obstacle to overall TPP agreement

  • 2015-07-24 15:00:00
  • , Yomiuri
  • Translation

(Yomiuri: July 24, 2015 – p. 2)

 

 Canada, which has failed to make progress in its tariff negotiations, has become the biggest obstacle to reaching a basic TPP agreement by the end of this month. The U.S., Japan, and other countries plan to ask Canada to withdraw from the talks voluntarily if it fails to catch up in the negotiations.

 

 The TPP talks by the 12 participating nations are in their final phase with their chief negotiators meeting in Hawaii from July 24, aiming at reaching a basic agreement at the ministerial meeting scheduled for July 28-31. However, an overall agreement will not be possible unless all of the participants complete their bilateral talks with the other 11 partners. Japan, the U.S., and others have been urging Canada to speed up its tariff negotiations.

 

 However, Canada is not in a position to make concessions easily with a general election approaching in October.

 

 Japan, the U.S., and others are planning to reach a basic agreement by the 11 nations, excluding Canada, if the stalemate continues in Canada’s tariff talks. However, it will be difficult to forcibly exclude a participating nation under the rules of the TPP talks, so they intend to ask Canada to drop out voluntarily. (Abridged)

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