Canada and Mexico Invited to Join TPP
June 22, 2012
The party is getting a little bigger for the Trans Pacific Partnership (TPP). On Monday, the nine countries involved in the trade deal negotiations extended an invitation to Mexico to join the talks. On Tuesday they extended an invitation to Canada. They will join the United States, Australia, New Zealand, Peru, Chile, Singapore, Malaysia, Vietnam and Brunei. Membership must be approved by the nine current partners.
The next negotiating round of the TPP is scheduled for July 2-10 in San Diego, Calif. For the United States, the talks represent an opportunity to broaden exports to nations of the Asia-Pacific, which are growing markets for U.S. services, manufactured goods and agricultural products.
Japan is also seeking to join the negotiations but there are concerns that Tokyo will be willing to open its market to agriculture and autos.
Reprinted in part from Brownfield Ag News