Negotiations continue in APEC to reach an agreement on the TPP

The eleven signatory countries of the Trans-Pacific Partnership Agreement (TPP) are negotiating today in Vietnam an agreement that allows this treaty to be revived after the departure of the United States decided in January for its president, Donald Trump.

Danang (Vietnam), Nov. 10 (EFE) .- The eleven signatory countries of the Trans-Pacific Partnership Agreement (TPP) are negotiating today in Vietnam an agreement that allows this treaty to be revived after the departure of the United States decided in January by its president, Donald Trump.

The talks take place during the summit of the Asia Pacific Economic Cooperation (APEC) forum that takes place in Danang, where a meeting of the TPP signatory leaders is planned in the afternoon.

These countries are Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

Since the start of the APEC summit on Monday guess with some sort of announcement about the TPP at the end of the meeting and chief negotiators from each The country, all of them also represented in the forum, hold meetings to bring positions closer.

According to the Minister of Foreign Affairs of Mexico, Luis Videgaray, these deal with the necessary adjustments after the US exit and on the terms for the signing of a new agreement that liberalizes trade between the signatory countries on both sides of the Pacific.

Last night, Japanese Finance Minister Toshimitsu Motegi said at a press conference that an "agreement in principle" had been reached to recover the treaty.

Shortly thereafter, the minister of Canadian trade, Francois-Philippe Champagne, denied him on Twitter to ensure that, "despite information, there is no agreement in principle on the TPP."

The Deputy Minister of Commerce of Chile, Paulina Nazal, told Efe today that throughout the week they have been working on a new consensus and stressed that "everyone is still at the table and that is very important".

"I would say that We are in the final stage, which always costs, but Chile at least continues to work hard and strong, with flexibility, to try to achieve a result, "said Nazal.

The Prime Minister New Zealand's Jacinta Ardern said last night after arriving in Danang that the negotiations are reaching a crucial point.

"The negotiation will be decided at the last minute. what will be its result, "Ardern told the New Zealand press.

" There are some countries that want to see a conclusion. The TPP was signed in 2016 but its entry into force depended on its being ratified by a number of countries representing 85% of the GDP of the block.

The United States, which had 60% of the group's GDP, withdrew two days after Trump's inauguration in fulfillment of an electoral promise.