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January 26, 2018
Conclusion of negotiations on Trans-Pacific free trade agreement
Canada and the 10 other remaining members of the Trans-Pacific Partnership (TPP) concluded discussions in Tokyo, Japan, on a new Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Canada's Minister of International Trade, François-Philippe Champagne, said: "We are happy to confirm the achievement of a significant outcome on culture as well as an improved arrangement on autos with Japan, along with the suspension of many intellectual property provisions of concern to Canadian stakeholders."
The text of the agreement is now undergoing a legal review and translation and will be made public on a date to be agreed by all parties.
It is expected the agreement will be signed in March in Chile.
The CPTPP includes Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. The United States withdrew from the TPP agreement a year ago.
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