For Immediate Release
June 19, 2012
Wai Young, Member of Parliament for Vancouver South today issued the following statement on the announcement by TPP members of their support for Canada joining the Trans-Pacific Partnership (TPP):
“As Canada’s gateway to the Asia-Pacific, Vancouver is uniquely positioned to benefit enormously from this news today. Stronger ties through trade will provide increased opportunity for Canadians and Canadian business – especially those here in British Columbia.
“Our government has taken on an ambitious trade agenda, and today, I am delighted to see Canada moving forward. Joining the TPP is consistent with Canada’s active and ongoing engagement in the Asia-Pacific region and its commitment to free and open trade.
“The TPP is an important part of our government’s commitment to economic growth, job creation and long-term prosperity. The current membership represents a market of 510 million people and a GDP of $17.6 trillion. With the participation of Canada and Mexico the market will comprise 658 million people and a GDP of $20.5 trillion.
“I congratulate my colleagues, the Hon. Ed Fast, PC, MP, Canada’s Minister of International Trade and Minister for the Asia-Pacific, along with our Prime Minister for their strong leadership and commitment to this file.”
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For more information:
Office of Wai Young, MP