Australia, Japan to fast-track TPP vote to pressure U.S.
Source: Xinhua   2017-01-16 09:49:33

CANBERRA, Jan. 16 (Xinhua) -- Australia's Prime Minister Malcolm Turnbull will attempt to fast-track a Parliamentary vote to approve the Trans-Pacific Partnership (TPP) in a joint ploy by Japan and Australia to pressure the United States into signing the deal.

U.S President-elect Donald Trump, who is due to take office on Jan. 20, has previously said there is no way he would ratify the deal as he moves towards creating a more protectionist America.

Following meetings with Japanese Prime Minister Shinzo Abe at the weekend, Turnbull said he would encourage the other 10 nations to approve the deal in order to pressure the U.S. Congress into signing the agreement despite presidential disapproval, News Corp reported Monday.

"While there is more than a whiff of protectionism in the global political environment, the (Japanese) prime minister and I are thoroughly committed to free trade and the open markets, to bringing into force the TPP," News Corp quoted Turnbull as saying.

Trump has previously described the TPP a "terrible deal" and has vowed to stop it in his path as soon as he assumes power.

"The TPP would be the death blow for American manufacturing. It would give up all of our economic leverage to an international commission that would put the interests of foreign countries above our own," Trump said in a speech last year.

Nations included in the TPP in its current form are Australia, Japan, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam.

Editor: Zhang Dongmiao
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Australia, Japan to fast-track TPP vote to pressure U.S.

Source: Xinhua 2017-01-16 09:49:33
[Editor: huaxia]

CANBERRA, Jan. 16 (Xinhua) -- Australia's Prime Minister Malcolm Turnbull will attempt to fast-track a Parliamentary vote to approve the Trans-Pacific Partnership (TPP) in a joint ploy by Japan and Australia to pressure the United States into signing the deal.

U.S President-elect Donald Trump, who is due to take office on Jan. 20, has previously said there is no way he would ratify the deal as he moves towards creating a more protectionist America.

Following meetings with Japanese Prime Minister Shinzo Abe at the weekend, Turnbull said he would encourage the other 10 nations to approve the deal in order to pressure the U.S. Congress into signing the agreement despite presidential disapproval, News Corp reported Monday.

"While there is more than a whiff of protectionism in the global political environment, the (Japanese) prime minister and I are thoroughly committed to free trade and the open markets, to bringing into force the TPP," News Corp quoted Turnbull as saying.

Trump has previously described the TPP a "terrible deal" and has vowed to stop it in his path as soon as he assumes power.

"The TPP would be the death blow for American manufacturing. It would give up all of our economic leverage to an international commission that would put the interests of foreign countries above our own," Trump said in a speech last year.

Nations included in the TPP in its current form are Australia, Japan, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam.

[Editor: huaxia]
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