Prime News: TPP Trade Accord to Proceed Sans America

Despite the absence of America, trade ministers in 11 Asia Pacific nations struck an agreement to revive the Trans-Pacific Partnership trade deal.

President Donald Trump implied in January he would halt any attempt to ratify the trade accord in favor of American jobs.

Delegates from these Asian countries convened in Vietnam over the weekend in a move to get the accord back on track.

They also agreed to assist the US should it decide to rejoin the agreement at any given time. However, America’s trade delegate Robert Lighthizer reiterated the nation will not go back to the trade deal.

Australia, Japan, and New Zealand headed the move to renew the TPP, with New Zealand’s trade chief Todd McClay saying they are determined to push the pact forward.

The material has been provided by InstaForex Company – www.instaforex.com

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