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Paths Open to New Pacific Trade Pact, Post-TPP: Chile Trade Head

Posted March 10, 2017

Under Economic Issues, International Trade Issues

(Rosalba O’Brien & Antonio De la Jara – Reuters)

Countries that signed up for the failed trade pact known as the Trans-Pacific Partnership (TPP) will meet in Chile next week, seeking a way forward on a possible future regional deal, Chile’s head of international trade told Reuters.

Representatives from the 12 countries that formed the TPP, plus China and South Korea, will meet for the first time since U.S. President Donald Trump pulled the United States out the TPP in January, effectively killing the accord in its current form.

The Chile meeting is a sign efforts to find an alternative Asia-Pacific trade pact are moving ahead, with China now likely leading the talks after the United States dropped out. Click here to read more.