Friday, 17 November, 2017

Australia on verge of Pacific trade deal

Bid to Save Pacific Rim Trade Pact Comes to a Head PMs Nguyen Xuan Phuc, Justin Trudeau hold talks
Ben Pena | 10 November, 2017, 12:33

Canadian Prime Minister Justin Trudeau has arrived in Hanoi on Wednesday morning for his first official visit to Vietnam, which will include a trip to Ho Chi Minh City before the Asia Pacific Economic Cooperation (APEC) Summit in Da Nang.

Late Thursday, Japan's Economy Minister Toshimitsu Motegi said at a press conference that an agreement in principle had been reached to revive the treaty, although Canada's Commerce Minister Francois-Philippe Champagne, denied it later in a tweet saying "despite reports, there is no agreement in principle on TPP".

Instead, he has said he prefers bilateral agreements with individual nations, thus raising the stakes of USA -driven bilats at APEC and ASEAN in coming days.

Ardern said Canada had withdrawn at this point.

The logic for a deal remains compelling, Australian Prime Minister Malcolm Turnbull said November 4.

Pacific nations are scrambling to agree on how to salvage a blockbuster trade pact after days of talks in Vietnam, with Australia confident of an outcome but Canada warning it wants a good deal over a fast one.

The deal is a major achievement for the "TPP 11", which spent months trying to salvage the pact after the USA pulled out when President Donald Trump took office.

Hurriyet: Visa progress with Turkey a 'positive step'
Serdar Kilic after landing at Andrews Joint Air Base, 20 miles (32 kilometers) outside the U.S. capital. Embassy announced the suspension of non-immigrant visa services to Turkish nationals.

PM Phuc spoke highly of the huge contributions to the two countries' diplomatic ties made by late Prime Minister Pierre Trudeau, Justin Trudeau's father, affirming that Vietnam treasures and wants to further its relations with Canada.

The Japanese leader told Kuczynski that Japan would like to continue cooperating closely with Peru, one of the TPP countries, so that the pact will go into effect at an early date.

He said Japan, as co-chair of TPP meetings taking place alongside the APEC summit, hopes to achieve a "basic agreement".

Trump, the official added, only pulled out of the Pacific Rim deal about 10 months ago, while the first discussion by the remaining countries' officials on how to reshape a post-U.S. TPP only happened five months ago.

Former Quebec premier Jean Charest, who is honorary chair of the ASEAN-Canada Business Council, said Vietnam not only shows real economic potential, it also has strong people-to-people links to Canada. This is a global age, and Asia is the center of growth. The TPP would improve market access and support the rule of law - and the world was "dangerously short of both", he said.

"We've got to go hard on those Asian relationships", said Barton, who led McKinsey operations in Asia and South Korea for almost a decade.

David Mann, chief Asia economist at Standard Chartered, has said that reaching an agreement would hinge on how the countries agreed to treat trade in services.

Recommended

  • Anderson replaces Stokes as England vice-captain

    Anderson replaces Stokes as England vice-captain

    Ball suffered a sprain in his ankle during the fourth over of his spell against the Cricket Australia XI in the second tour match. Stokes remains at home pending the outcome of a police investigation into his street-fight in Bristol in late September.
    Deepika Padukone Denies Being The Part Sanjay Leela Bhansali's 'Gustakhiyan'

    Deepika Padukone Denies Being The Part Sanjay Leela Bhansali's 'Gustakhiyan'

    Gupta told News 18 that if he was present, he would have stopped the CBFC from clearing even the trailer of the movie, 'let alone the film'.
    High school and college DACA recipients march on Capitol Hill

    High school and college DACA recipients march on Capitol Hill

    The University also joined two other amicus briefs earlier this year in opposition to the Trump administration's travel ban. WFU has an undergraduate enrollment of 5,102 students for the fall 2017 semester, said Cheryl Walker, a WFU spokeswoman.
  • Xiaomi's MI MIX 2 to gain an iPhone X-esque notch?

    Xiaomi's MI MIX 2 to gain an iPhone X-esque notch?

    The entire bezel-less smartphone trend is because of Chinese brand Xiaomi and its Mi Mix smartphone released at the end of 2017. The novelty will receive a frameless style of the acclaimed iPhone X that give the cutouts for the front camera and sensors.
    Oppo F5 launched in India with 6GB RAM, 20MP selfie camera

    Oppo F5 launched in India with 6GB RAM, 20MP selfie camera

    The phone also has a 3.5mm headphone jack, a fingerprint sensor at the back, and powering the device is a 3200 mAh battery . Thankfully, it is also quite a powerful one with its octa-core Mediatek MT6763T Helio P23 chipset and the up to 6GB of RAM.
    Number of overdose deaths in BC this year eclipses 1100

    Number of overdose deaths in BC this year eclipses 1100

    Last year illicit drug overdoses killed 914 people, almost doubling overdose numbers from the year before. The majority of deaths occurred indoors, about 90 per cent, and more than half in private residences.
  • Apple revamped overseas ops to find new tax havens

    Apple revamped overseas ops to find new tax havens

    Senate subcommittee found in 2013 that Apple had avoided tens of billions of dollars in taxes by using overseas havens . Apple relocated its tax residency to the tiny island of Jersey after the beginning of the investigation back in 2014.
    Panasonic Eluga I5 Launched in India

    Panasonic Eluga I5 Launched in India

    The Eluga I5 runs Android 7.0 Nougat out-of-the-box and comes pre-loaded with Panasonic's in-house developed AI assistant - ARBO. The Panasonic Eluga I5 features a 5-inch HD IPS display which reproduces warm colours and is coupled with decent viewing angles.
    SC to hear today plea on 'bribes' being taken in judges' name

    SC to hear today plea on 'bribes' being taken in judges' name

    As CJI told the petitioner that its dismissed as these are not matters to be decided on the judicially side, Mr. It directed the CBI to produce these documents in sealed cover before Constitution Bench on the coming Monday.
  • LeBron James not concerned over noise from his Instagram posts

    LeBron James not concerned over noise from his Instagram posts

    Green, who has a reputation as an antagonizer on the court, posted a picture of himself smiling with a caption that read "Mood". Of course, Green shouldn't be surprised that people are trying to contrive conflict between him and James .
    Saudi Arabia and Kuwait advise citizens against travel to Lebanon

    Saudi Arabia and Kuwait advise citizens against travel to Lebanon

    Saudi Arabia's Tadawul index is down by about 0.5% since the end of last week. Haley said the missile was not present in Yemen before the civil war.
    Freeze Watch In Effect on Friday and Saturday

    Freeze Watch In Effect on Friday and Saturday

    Temperatures will fall below freezing by midnight, with the coldest temperatures expected before sunrise Saturday. On Friday, daytime temperatures will hover somewhere below 40 degrees in the eastern part of the state.

Adidas Telstar18 World Cup ball gets thumbs-up from Messi Adidas Telstar18 World Cup ball gets thumbs-up from Messi Sustainability has been a key focus of the Telstar 18, with elements including re-cycled backing material and packaging. Upon interaction, each ball generates a unique identifier, unlocking content and information for the user.

Were you fooled by this fake John Lewis Christmas ad? Were you fooled by this fake John Lewis Christmas ad? A FLATULENT monster is the star of this year's John Lewis Christmas advert, which cost £1million to make and hits screens today. A page called UnderTheBed was created on social media and the only post was a short four second clip.

Flipkart to Launch its Own Smartphone Flipkart to Launch its Own Smartphone Here are the complete details on the upcoming Flipkart's Billion Capture +, with dual camera setup with FHD IPS LCD display . Flipkart's entry to smartphone business is its first step towards launching a range of products under the Billion brand.

Congress govt in India celebrates Tipu Sultan's birth anniversary Congress govt in India celebrates Tipu Sultan's birth anniversary Meanwhile, thousands of police personnel will be deployed across the state, especially in 10 districts where trouble was expected. BJP leader Shahnawaz Hussain said that the Congress-led government is anxious about Tipu Sultan instead of the state's public.

Gold demand has declined in 3rd quarter of 2017: WGC Gold demand has declined in 3rd quarter of 2017: WGC Investors continued to favour gold's risk-hedging properties, but the greater focus was on buoyant stock markets. Jewellery volumes continue to languish below longer-term average levels.

Prince William and Kate Middleton Just Made the Most Novice Traveler Mistake Prince William and Kate Middleton Just Made the Most Novice Traveler Mistake She covered up from the cold with a pair of black tights and matched the dress with a pair of black block heel shoes. George attends Thomas's Battersea School in London.

Bhalla elected first Sikh Mayor of New Jersey city Bhalla elected first Sikh Mayor of New Jersey city Edison has a large Asian-American community, many of them Chinese and Indian immigrants. The flyers had "Don't let TERRORISM take over our town" printed above Bhalla's picture.

Saudi Arabia asks its citizens to leave Lebanon immediately Saudi Arabia asks its citizens to leave Lebanon immediately Saudi Arabia has ordered its citizens out of Lebanon amid skyrocketing tensions between their two governments. Since Lebanon's prime minister, Saad Hariri , resigned on the weekend, his fate has been a mystery.

Announced a new generation of racing Bentley Continental GT3 Announced a new generation of racing Bentley Continental GT3 Bentley hasn't revealed exact weight figures, but says the new GT3 will weigh "significantly less than 1300 kg (2866 pounds)". Bentley's previous Conti GT3 racer entered 528 races throughout its four-year lifespan, scored 120 podiums and 45 wins.

'Pokemon Go' creators developing Harry Potter augmented-reality app in 2018 'Pokemon Go' creators developing Harry Potter augmented-reality app in 2018 Like Pokémon Go , the game's emphasis will be on going out and exploring the real world through a smartphone and its camera. Despite previously denying that it had any plans to make a Harry Potter AR game, Niantic has partnered with Warner Bros.

Edmonton Oilers' Draisaitl does in Devils with OT dagger Edmonton Oilers' Draisaitl does in Devils with OT dagger When the diagnosis was announced, Boyle also stated he was going to play through his treatment. It was Lucic's third goal, second against the Devils in the last week.

John Hillerman, Emmy-Winning 'Magnum, PI' Actor, Dies at 84 John Hillerman, Emmy-Winning 'Magnum, PI' Actor, Dies at 84 John was actually an Emmy award victor , taking home the prize after being nominated for his role in Magnum P.I. four times. Hillerman appeared in a number of other series, including "Valerie", "The Love Boat" and " The Betty White Show ".

Steve Pence Statement on Rick Pitino Steve Pence Statement on Rick Pitino The attorney for Coach Rick Pitino says Pitino was not aware nor was he involved in any payment to recruits or the families of recruits.

Millennium Falcon spotted under wraps on Google maps Millennium Falcon spotted under wraps on Google maps It's likely it won't stay for long, but Star Wars fans are having fun on Twitter while it lasts. The find comes with just over a month until the latest instalment of Star Wars .

TPP trade deal talks reach critical point at Asia-Pacific summit TPP trade deal talks reach critical point at Asia-Pacific summit Aso told reporters after a cabinet meeting that an agreement among the TPP-11 would be a "good thing" for global trade. When asked what the results of the talks had been, the Japanese minister said "agree in principle".