
The surprising and welcome news from Tokyo that Canada and the ten other members of the Trans-Pacific Partnership (TPP) had agreed to conclude what is now called the “Comprehensive and Progressive TPP”, coming as it did on the opening day of the latest round of NAFTA negotiations in Montreal, was interesting in its timing. This may have been coincidental since TPP negotiators were meeting in Japan in an attempt to resolve outstanding differences in order to fast-track the conclusion of their Agreement, which is now to be officially sealed on March 8 in Chile, while resumed NAFTA negotiations were simultaneously getting underway half a world away. Coincidental or not, the conclusion of the TPP sends a signal to the US that both Canada and Mexico are committed to trade liberalisation at a time when the Trump Administration is beating the protectionist drum. The TPP is not an alternative to NAFTA, but is a move toward greater trade diversification on the part of two of the largest trading partners of the US. Continue reading “The Revised TPP, NAFTA Renegotiations–and the Risk of Blindly Expanding Internet Safe Harbours”