Tuesday, January 10, 2012

Is the Trans Pacific Partnership a Re-writing of NAFTA?

(Peter Clark – iPolitics)

When Prime Minister Noda announced that Japan intended to join the Trans Pacific Partnership (TPP) negotiations, a grim reality set in. Canada knew it needed to be at the table. This was decided even before President Obama invited Prime Minister Harper to join at the APEC Summit last November.

Canada cannot allow Japan, its fourth most important merchandise export market, to become another Korea, with the US inside the tent enjoying discriminatory preferences and eroding Canada’s market position.

Canada exports a lot of resources and raw materials to Japan. It is also an important market for Canada’s farmers and ranchers. In 2010, Japan accounted for 21.6% of Canada’s meat exports. Read more here.