Pacific trade region 'could harness $3 trillion'

 A proposed Pacific trade region may capture an additional $3 trillion in economic output after Canada and Mexico were invited to take part in talks with nine other nations.

The Trans-Pacific Partnership deal “will enhance trade in the Asia-Pacific region and will provide greater economic opportunity for Canadians and Canadian businesses,” Prime Minister Stephen Harper said at the Group of 20 summit in Mexico.

A final deal that includes Canada and Mexico would create the US’s largest trade accord.



Source: Bloomberg