Trade ministers and delegates from the remaining members of the Trans Pacific Partnership (TPP) attend the TPP ministerial meeting on the sidelines of the Asia-Pacific Economic Cooperation (APEC) leaders summit. | Photo Credit: APmore-inIn a major breakthrough, trade ministers from 11 Pacific Rim countries said they reached a deal on Saturday to proceed with the free-trade Trans-Pacific Partnership deal that was in doubt after President Donald Trump abandoned it. The compromise was delayed by last-minute disagreements that prevented the TPP leaders from meeting to endorse a plan on Friday. 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. But even talks this week on a declaration to cap the APEC summit had to be extended for an extra half day as ministers haggled over wording.

Source: The Hindu November 11, 2017 03:56 UTC