The TPP Transpacific trade agreement is to be continued without USA. This was announced by Canadian Prime Minister Justin Trudeau in his speech at World Economic Forum in Davos. The remaining partner States had agreed on a new treaty, Trudeau said. Following withdrawal of United States from agreement, it is now to be continued under new name CPTPP. This will involve a total of eleven countries, including New Zealand, Australia, Vietnam, Chile, Japan and Singapore.

In November, eleven states agreed to keep TPP. The trade agreement should create world's largest free trade area around Pacific and counterbalance China. But Trump announced agreement shortly after taking office in January 2017. At time, he was looking to renegotiate NAFTA free trade agreement with Mexico and Canada. Trudeau now said in Davos, "we see a lot of skepticism about free trade worldwide." His government is trying to "convince our neighbors in South how good NAFTA is".

Companies should promote women more

By Friday more than 3,000 participants from business, politics and civil society come toger under motto "For a common future in a shattered world" in Davos. The motto was also a central me in Trudeau's speech: The Canadian Prime Minister argued for a more equitable world, emphasizing in particular rights of women. Companies would have to recruit, promote and support women, demanded Trudeau. This is not a nice gesture, but it is right way for each individual company and for economic growth.

"I know change is difficult," said Trudeau. But we must not hope that a single country can lead by example. It is necessary to move forward toger to help people who really need it: those who do not participate in Economic Forum in Davos today "and never will orwise," said Trudeau.

The Canadian prime Minister called for Lohnlücke to be overcome between men and women, gender pay gap, and equal pay for women and men. But this was only first step, Trudeau said. Because women would have to overcome even more hurdles. They worked more often part-time, would not pay more for ir work, said premier. It is necessary to rethink family policy. Canada has made this a priority under its government, since economy has benefited enormously from it. It is worthwhile to introduce programs, such as for single mors and middle-income families, said Trudeau.

At end of his speech, Prime minister also called for a critical discussion of MeToo debate. When women reported sexual harassment, it was necessary to listen – and to believe m. "We must show that time is really around," said Trudeau. It was a reference to Golden Globe Award, in which MeToo debate and TimesUp initiative dominated evening at beginning of January. "The time is up" was credo of award ceremony.

Merkel will meet Netanyahu

The World Economic Forum was opened on Tuesday by India's head of government Narendra modes. He spoke in Davos for free world trade, closer international cooperation and reduction of inequalities. One must connect "people toger instead of separating m," said Modi. More and more countries would focus more on mselves, that is opposite of globalisation and a ' worrying situation '.

Chancellor Angela Merkel and US president Donald Trump will also travel to Switzerland. The Chancellor will meet, among or things, Israel's Prime Minister Benjamin Netanyahu on Wednesday. According to his spokesman, it will come to a single conversation, said Netanyahu spokesman David Keyes.

Relations between Israel and Germany were last burdened. At beginning of last year, Merkel had apparently postponed German-Israeli government consultations for an indefinite period of anger over Israeli settlement policy. Last April, Netanyahu had canceled a meeting with Foreign Minister Sigmar Gabriel at short notice, because SPD politician in Israel had spoken to representatives of government-critical organizations. Gabriel now wants to meet Netanyahu on a visit to Israel on January 31.

With material from AP

Date Of Update: 24 January 2018, 12:03