The pressure is on for Senate to pass a massive Asia-Pacific trade deal quickly
(CANADA) The push is on for Parliament to quickly ratify the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) trade agreement so that Canada can reap the benefits that come from being an early adopter of the deal — and there’s a race on now to beat other countries to the punch.
The agreement comes into force 60 days after six of 11 signatories have ratified it through enabling legislation. So far, four countries have formally put pen to paper on the deal: Australia, Mexico, Japan and Singapore. Two other countries are in the advanced stages of debate: Vietnam and New Zealand.
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