The Latest: Compromise found on Pacific trade without US

Canadian Prime Minister Justin Trudeau arrives in Da Nang, Vietnam, for the APEC summit Friday, Nov. 10, 2017. (Adrian Wyld/The Canadian Press via AP)
Canada's Prime Minister Justin Trudeau and Chile's President Michelle Bachelet attend the APEC-ASEAN dialogue, on the sidelines of the APEC summit, in Danang, Vietnam, Friday, Nov. 10, 2017. (Jorge Silva/Pool Photo via AP)

DANANG, Vietnam — The Latest on the summit of 21 Pacific Rim economies in Vietnam (all times local):

7:20 a.m.

Trade ministers say they have reached a basic agreement on a Pacific Rim trade pact without the United States.

A statement issued in the early hours Saturday says an accord was reached on "core elements" of the 11-member Trans-Pacific Partnership, a deal abandoned by President Donald Trump after he took office.

The compromise was delayed by last-minute disagreements that prevented TPP leaders from meeting to endorse a plan on Friday.

___

7:45 p.m.

Japanese Prime Minister Shinzo Abe says talks on a Pacific Rim trade pact have stalled after Canada said it could not accept a proposed basic agreement on proceeding without the United States.

Abe made the comments Friday after meeting with his Canadian counterpart, Justin Trudeau, in Danang, Vietnam, on the sidelines of the Asia-Pacific Economic Cooperation forum.

U.S. President Donald Trump pulled out of the Trans-Pacific Partnership in January. Leaders of the 11 countries remaining in the TPP had been due to meet and endorse a deal worked out in last-minute talks overnight.

There was no immediate word on Canada's stance. However, Trudeau said days earlier that Canada would not be rushed into an agreement.

You may also interested in

Cambodia deports Chinese accused of operating...

Oct 12, 2017

Cambodia deported dozens of Chinese citizens accused of extorting money from women in their...

Bangladesh, Cambodia leaders meet on Rohingya,...

Dec 4, 2017

Bangladeshi Prime Minister Sheikh Hasina has met with her Cambodian counterpart, Hun Sen, during an...

Cambodia's ruling party has sure lock on Senate...

Feb 25, 2018

Cambodia's ruling party is assured of a sweeping victory in the election of a new Senate after the...

Japan's foreign minister seeks free and fair...

Apr 8, 2018

Japan's foreign minister has urged Cambodia to hold free and fair elections but didn't comment on...

Cambodia parties register as Hun Sen vows vote...

Apr 30, 2018

Registration has begun for political parties contesting Cambodia's upcoming general election, with...

Sign up now!

About Us

VNReporter is built to serve the people of Vietnam exclusive reports that best reflect the happenings and achievements in the country. With the rise in the popularity in online news, readers now demand to read quality news in a more modern and easy to read format.

Contact us: sales[at]vnreporter.com

Subscribe Now!