TPP11 looks to be a go

The Herald reports:

Ministers from countries in the Trans Pacific Partnership (TPP) “agree in principle” on the trade pact after a meeting in Vietnam, Japanese Economy Minister Toshimitsu Motegi said on Thursday.

Ministers from the 11 member countries met in the resort of Danang in Vietnam on the sidelines of the Asia Pacific Economic Cooperation (APEC) summit to discuss how to proceed with the deal after the United States withdrew.

When asked what the results of the talks had been, the Japanese minister said “agree in principle”, according to Reuters.

This is good news. Labour look set to do a u-turn on their previous opposition and support TPP. National has pledged to give them the numbers in the House to implement it even if Greens and NZ First oppose it.