At a critical moment when trade is set to grow less than the global economy for the first time in the last four decades, there is no reason not to welcome the ambitious pact that 12 Pacific Rim countries reached on Monday to create the largest free trade area of the world.
Democratic presidential candidate Hillary Clinton on Wednesday said she does not support the controversial Trans-Pacific Partnership (TPP) deal, reached on Monday after marathon talks between the United States and 11 Pacific Rim nations.
The Trans-Pacific Partnership ( TPP) is set to change the way New Zealand deals not just with the other 11 TPP member nations, but with other major trading partners such as China.
Trade ministers of the United States and 11 other Pacific Rim countries have reached an agreement on the Trans-Pacific Partnership (TPP) free trade pact, but the final ratification of the ambitious deal in the TPP members' countries is far from certain, particularly in the United States.
New Zealand government leaders hailed the agreement of the 12-nation Trans-Pacific Partnership ( TPP) deal on Tuesday, while opponents demanded to know what the country had traded away in the secretive five-year negotiations.
Australia's decision on Tuesday to sign the Trans-Pacific Partnership (TPP) will open up major trading opportunities which would help sustain its economy following the end of the mining boom earlier this decade, officials here said.
U.S. President Barack Obama on Monday signed several trade bills into law, including the legislation giving him the so-called fast-track authority to negotiate trade deals with other countries, injecting new momentum to the stalled Asia-Pacific trade talks.
U.S. and Japanese negotiators have come close to reach a deal in their bilateral talks for a broader Asia Pacific free trade pact, but some sticking points remain to be resolved, President Barack Obama said Monday.
In the "cloak and dagger" tradition of Trans Pacific Partnership (TPP) discussions, it has now been four days since the latest round of negotiations opened in Hanoi, with no word from senior negotiators on the progress of what is the world's most important free trade agreement -- and its most opaque. According to a Japanese government source, senior officials from the 12 countries involved in the TPP negotiations from across the Pacific Rim gathered with typical discretion to hammer out the many sticking points that, along with a lack of transparency, plague the ambitious project.
Uncertainties remain for the outlook for the demanding Trans-Pacific Partnership (TPP) talks, even as ministers of the participating countries said here on Tuesday that the fog is clearing up.
Trade ministers and chief negotiators of the participating countries in the Trans-Pacific Partnership (TPP) talks gathered in Singapore on Monday for another round of talks, while observers said they do not expect the talks to conclude any time in the near term.
U.S. senators expressed on Thursday concerns over the prospects of a Trans-Pacific Partnership (TPP) trade deal despite progress made last week between the United States and Japan.
U.S. President Barack Obama' s three-day official visit to Malaysia would not conclude the Trans-Pacific Partnership (TPP) but only to further discuss it, an official of Malaysian Ministry of International Trade and Industry said here Tuesday, local media reported.
The 12 countries involved in the U.S.-led TPP free trade talks have made little progress in reaching a pact in the latest round of ministerial talks, with the spotlight focused very much on Japan and its reluctance to alleviate tariffs on what it deems to be its "sacred sectors."
The ministers and representatives of the 12 participating countries in the ambitious but controversial Trans-Pacific Partnership (TPP) talks failed to reach a deal on Tuesday after four days of meetings in Singapore, leaving market access as one of the main gaps.
U.S. Trade Representative Michael Froman said on Monday that the gaps between Washington and Tokyo still remain after the bilateral talks during the recent round of Trans-Pacific Partnership (TPP) ministerial meeting here.
Japanese Prime Minister Shinzo Abe on Thursday called for a senior minister of his Cabinet to speed up talks on the sluggish Trans-Pacific Partnership (TPP) free trade deal and insisted an agreement be found at an early juncture.
简体中文
