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No Deal: 12-Nation Trans-Pacific Partnership Trade Talks End

Ottawa Citizen Aug 04, 2015

Prime Minister Stephen Harper was prepared to make a triumphant announcement Friday night about Canada joining the largest free-trade zone in history, and use that as a launchpad into an anticipated weekend election call.

But the planned event in Parliament’s Centre Block never happened.

That’s because a few thousand kilometres away, negotiators couldn’t close the deal. Ministers from 12 countries left Hawaii without a Trans-Pacific Partnership treaty, and without a date set for their next meeting.

Now the Conservative government finds itself in a rare position: instead of campaigning on a free-trade deal, it might have to negotiate one in the midst of a national election.

International Trade Minister Ed Fast was asked about the impending Canadian vote and whether his government would be able to participate in the next round of talks.

“When our partners reconvene, and we trust that will be very soon, Canada will continue to be at the table as a constructive partner — with a sincere desire to complete these negotiations.” Fast told a Maui news conference Friday.

“Canada came to Maui ready to conclude a TPP. We were active, constructive players at the table.”

The countries had arrived in Hawaii last week amid expectations they might close out a free-trade agreement covering 40 per cent of the world’s economy.

Read Full Article on Ottawa Citizen »