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TPP countries agree to explore options for trade deal without U.S.
May 21, 2017 / 2:23 AM / 4 months ago

TPP countries agree to explore options for trade deal without U.S.

New Zealand's Trade Minister Todd McClay (C) is mobbed by reporters at the end of the meeting TPP11 (gathering all Tran-Pacific Pact member countries except the United States) held on the sideline of the Asia-Pacific Economic Cooperation ( APEC) 's 23rd Ministers responsible for Trade Meeting being held in Hanoi on May 21, 2017. REUTERS/Hoang Dinh Nam/Pool

HANOI (Reuters) - Remaining countries of the Trans-Pacific Partnership trade deal have agreed to explore options for continuing with it despite U.S. President Donald Trump’s decision to ditch it, ministers from Mexico and New Zealand said on Sunday.

The so-called TPP-11 countries held their highest level talks on the deal since the U.S. pullout on the sidelines of a meeting of Asia-Pacific Economic Cooperation (APEC) countries in Hanoi, Vietnam.

“We’re focused on how we can move ahead with the 11 countries,” New Zealand Trade Minister Todd McClay told reporters after the meeting. “The countries are going to put forward proposals on how to take TPP forward in November.”

Mexico’s economy minister Ildefonso Guajardo echoed his comments.

Reporting by Mai Nguyen and A. Ananthalakshmi; Editing by Matthew Tostevin

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