U.S.: Canada, Mexico open to Pacific trade zone (North American Union)

http://www.usatoday.com/news/world/story/2011-11-13/us-canada-mexic...

 

 

KAPOLEI, Hawaii (AP) – A U.S.-backed initiative to forge a Pacific free trade bloc got a big boost Sunday when leaders of Canada and Mexico said their countries are interested in joining.

The news was a coup for President Obama, who had made progress on the pact one of his top priorities for the annual summit of Asia-Pacific leaders being held in his home state of Hawaii. It comes after Japan, the world's third-biggest economy, said it would join the nine nations already involved in talks on what has been dubbed the Trans-Pacific Partnership.

The balmy weather for the Asia Pacific Economic Cooperation gathering at a resort on the west side of the Hawaiian island of Oahu contrasted with deepening pessimism over the economic outlook as the leaders sat down for a day of talks on how to spur growth and create jobs. With Europe again on the brink of recession, Asia's vital role as a driver of global growth has gained even greater urgency.

"Now its time to get down to work, and we have much to do," President Barack Obama said in opening the meeting. "Our 21 economies — our nearly 3 billion citizens — are looking to us to bring our economies closer, to increase exports, to expand trade and opportunity that creates jobs and economic growth. That's why we're here."

Canadian Prime Minister Stephen Harper said his country must look to the East to ensure markets, especially for its energy exports. "That will be an important priority of this government," Harper said before meeting with Obama on the sidelines of the 21-member APEC summit.

The U.S. Trade Representative, Ron Kirk, welcomed the overtures from Canada and Mexico, calling them America's "neighbors and largest export markets."

Obama has said he is optimistic that work on the American-backed trade pact could result in a legal framework by next year.

For the U.S., the initiative is seen as a way to break through bottlenecks and open new business opportunities. Many in APEC see the emerging deal as a building block for a free trade area that eventually encompasses all of Asia and the Pacific — covering half the world's commerce and two-fifths of its trade.

"The Asia Pacific region is absolutely critical to America's economic growth. We consider it a top priority. And we consider it a top priority because we're not going to be able to put our folks back to work and grow our economy and expand opportunity unless the Asia Pacific region is also successful," he told his fellow APEC leaders at Sunday's meeting.

Thomas Donohue, president of the U.S. Chamber of Commerce, an influential business lobbying group, praised the Pacific trade initiative.

"An important step to unlocking global economic growth will be expanding trade in the Asia-Pacific, and the TPP holds this key," Donohue said. He urged the group to move quickly in drawing up a timeline that is "comprehensive, enforceable, and makes room for new entrants."

The pact now includes only four smaller, relatively affluent economies — Chile, New Zealand, Brunei and Singapore — but the U.S., Australia, Malaysia, Vietnam and Peru are negotiating to join.

Views: 593

Reply to This

Replies to This Discussion

Canada and Mexico to Join U.S. in NAFTA of the Pacific

by Dana Gabriel / November 29th, 2011

At the recent APEC meetings, Canada and Mexico announced their interest in joining the U.S., along with other countries already engaged in negotiations to establish what has been referred to as the NAFTA of the Pacific.

The leaders of the nine countries that are part of the Trans-Pacific Partnership (TPP) met at the Asia-Pacific Economic Cooperation (APEC) summit in Hawaii and agreed on the broad outlines of a free trade agreement. The current members include the U.S., Australia, New Zealand, Malaysia, Vietnam, Singapore, Brunei, Peru and Chile. The TPP has been hailed as a, “landmark, 21st-century trade agreement, setting a new standard for global trade and incorporating next-generation issues.” Key features of the TPP are that it would provide comprehensive market access and be a fully regional agreement designed to facilitate the development of production and supply chains. Various working groups have been discussing issues such as financial services, government procurement, intellectual property, investment, rules of origin, telecommunications and trade remedies. The next round of talks will take place in December and there are hopes of concluding negotiations before the end of 2012. Apart from Canada and Mexico, Japan has also expressed interest in being part of the TPP. The door is also open for other countries to join which is why many consider it to be a building block for an Asia-Pacific free trade zone.

 

more

http://dissidentvoice.org/2011/11/canada-and-mexico-to-join-u-s-in-...

  SURE!!! LET"S drive all the environmental and labor laws into the sea. LET"S DO ANOTHER 9-11! Let's blowout another well! Let's do HAARP until we've damaged every floodplain and erased a few years of crops. LET"S DEREGULATE ALL FINANCIAL INSTITUTIONS AND LOCK UP THE HUNGRY!! AND LET"S START WITH THE CITY OF LONDON< WHO ARE THE BIGGEST PIGS ON EARTH!!!

RSS

"Destroying the New World Order"

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

TOP CONTENT THIS WEEK

Latest Activity

Chris of the family Masters posted blog posts
12 minutes ago
Less Prone favorited cheeki kea's photo
52 minutes ago
rlionhearted_3 commented on cheeki kea's video
4 hours ago
cheeki kea posted a photo
4 hours ago
cheeki kea commented on cheeki kea's video
Thumbnail

George Soros and Bill Gates just Bought a Virus Testing Company | Facts Matter

"Don't be put off by the title of the video. The guy also discussed the grave, very grave…"
4 hours ago
cheeki kea posted a video

George Soros and Bill Gates just Bought a Virus Testing Company | Facts Matter

🚨 ANNOUNCEMENT: No censorship! We’ve launched a new video platform called EPOCH TV 👉 https://ept.ms/3xVsr7vResources:🔥 Epoch TV:https://ept.ms/3xVsr7v🔵Se...
4 hours ago
cheeki kea favorited Bob Renner's photo
5 hours ago
Doc Vega posted blog posts
21 hours ago
Chris of the family Masters posted a blog post
yesterday
cheeki kea commented on Chris of the family Masters's blog post Freedom Day or Not, Brits Prefer Infantile Servitude
yesterday
Ragnarok favorited Bob Renner's photo
yesterday
Ragnarok posted a status
"Live Demo in Berlin 01.08.2021 - Protest in Berlin https://www.youtube.com/watch?v=a1F6I0CxuaA"
yesterday
Ragnarok posted a status
"LIVE: COVID sceptics protest in Berlin https://www.youtube.com/watch?v=5x1xUaRNhPs"
yesterday
Ragnarok posted a video

Manifestations massives contre le pass sanitaire à Paris - 31 juillet 2021 [VUE AÉRIENNE][4K]

#PassSanitaire #Manifestation #ParisImages des deux manifestations massives ce 31 juillet à Paris, de Villiers à Bastille, et de la place du 18 juin 1840 jus...
yesterday
Burbia commented on Bob Renner's photo
Thumbnail

Just trust your television,media and Government to Fuck You Over Daily

"Luisa Marie Neubauer had been identified as a handler for Greta. Here is an article from Jew World…"
yesterday
Chris of the family Masters posted blog posts
Saturday
Chris of the family Masters posted photos
Saturday
Bob Renner posted photos
Saturday
rlionhearted_3 replied to MAC's discussion EMA, Famines & Farmicide!
" I became life on the family farm in Arizona. It’s true, farmers are being paid to…"
Friday
Doc Vega commented on Doc Vega's blog post Short Story Entitled "The Time Tractor" by Doc Vega
"cheeki kea Good One!"
Friday

© 2021   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted