Prime Minister concludes visit to Vietnam and to the APEC Leaders' Meeting

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Trade and Export Growth Minister David Parker said that on Thursday night it had appeared all Canada's issues had been resolved to its satisfaction.

Commenting on the CPTPP, Doctor Tran Toan Thang, of the National Centre for Information and Forecasting, MPI, told the Viet Nam News:"At last we have an agreement about the future of most debated FTA".

One of Mr Trump's first official acts after inauguration was to formally withdraw from negotiations on the partnership, citing it as an example of "trade deals that put the interests of insiders and the Washington elite over the hard-working men and women of this country".

"Although progress has been made clarifying some of those issues there is still some work to be done to bring them to a finality", Mr Parker said.

On the margins of the Leaders' Meeting, the Prime Minister, joined by Canada's Special Envoy to Myanmar, the Honourable Bob Rae, met with Myanmar State Counsellor Aung San Suu Kyi.

The APEC forum was established in 1989 and has become the most important economic forum in the Asia-Pacific region.

"This is subtly sending a message to the USA that Canada is not going to be agreeable to reaching any trade deal and Canada will be making its own tough negotiating stance".

Those countries have now come back onside, International Trade Minister Philippe-François Champagne told CBC News, and have agreed to the terms of the original TPP. The compromise was delayed by last-minute disagreements that prevented the TPP leaders from meeting to endorse a plan on Friday.

Trudeau said Canada will always be "extremely closely linked to the American economy" but there was a need to diversify trade through other deals.

Parker said that reflected the fact it was the most comprehensive and progressive trade deal on labour, environmental standards and the right of Governments to regulate and contained enforcement provisions for countries which breached them.

He also said he didn't snub TPP leaders by skipping Friday's meeting - he missed it because his bilateral discussion beforehand with Japanese Prime Minister Shinzo Abe "went long".

Nafta talks with the United States were not affecting Canada's stance on TPP negotiations, he said.

Trump, who has been critical of the TPP since his presidential campaign, said right after signing the withdrawal executive order that leaving the agreement would benefit U.S. workers.

Leaders of the 11 TPP countries are scheduled to meet Friday afternoon.

Meeting on the sidelines of the APEC Summit in Da Nang in Vietnam, the remaining eleven nations - Australia, Chile, New Zealand, Brunei, Singapore, Japan, Malaysia, Mexico, Peru and Vietnam - released a joint statement on Saturday saying they were committed to free and open trade.

Trump pulled the United States out of the Trans-Pacific Partnership in January shortly after taking office.

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