Apr 4, 2014

Amari, Froman arranging to meet over TPP

Akira Amari, minister in charge of the Trans-Pacific Partnership talks, said Friday he may meet with U.S. Trade Representative Michael Froman if the two countries can make progress on settling their differences over tariff issues during working-level negotiations next week. While Amari did not ...

U.S. presses Japan on TPP compromises

Apr 4, 2014

U.S. presses Japan on TPP compromises

by Krista Hughes

The United States pressed Japan on Thursday to open its farm and auto markets to overseas competition and said it cannot expect special treatment in a Pacific free trade pact covering one-third of global imports and exports. U.S. Trade Representative Michael Froman told U.S. ...

Apr 2, 2014

Abe, Obama aiming for TPP deal by month-end

Prime Minister Shinzo Abe and U.S. President Barack Obama agreed last week to aim at reaching a broad accord in talks related to the Trans-Pacific Partnership multilateral free trade negotiations by the time the two leaders meet in late April, sources said Wednesday. They ...

U.S. biz lobby says Japan's TPP proposal not enough

Mar 12, 2014

U.S. biz lobby says Japan's TPP proposal not enough

The level of market access proposed by Japan does not meet the standards of the proposed Trans-Pacific Partnership, James Fatheree, president of the U.S.-Japan Business Council, said recently. “It is clear that Japan has more work to do in order to meet the expectations,” ...

Mar 5, 2014

U.S. sets 2014 goal for signing TPP free trade pact

The Office of the U.S. Trade Representative has outlined a goal of concluding the Trans-Pacific Partnership this year. “In pursuit of job-supporting trade opportunities, the administration will work to conclude negotiations of the TPP in 2014,” the office said in a document attached to ...

Singapore TPP talks fail to reach a deal

Feb 25, 2014

Singapore TPP talks fail to reach a deal

by Siti Rahil and Kayo Mimizuka

Ministers from 12 Pacific-Rim countries failed Tuesday to achieve the goal of reaching a broad agreement on an envisioned regional free trade deal due to remaining gulfs over such key outstanding issues as tariff elimination. After wrapping up their four-day meeting in Singapore, the ...

Feb 24, 2014

TPP sides may cut tariffs bilaterally

The 12 countries involved in the Trans-Pacific Partnership free trade talks are considering letting members decide their tariff phaseout periods on a bilateral basis instead of adopting a unified rule, sources said. Such an exceptional approach on tariffs, which could enable each country to ...

Japan and U.S. remain apart on farm tariffs

Feb 24, 2014

Japan and U.S. remain apart on farm tariffs

Japan and the U.S. have failed to narrow their differences on the Trans-Pacific Partnership, Akira Amari said Monday. Ahead of the start of the third day of TPP ministerial talks, Amari, Japan’s point man for the trade pact, said he had “a strong sense ...

Feb 21, 2014

Shapiro: Obama-Abe summit key

The upcoming Japan-U.S. summit will be a key opportunity for concluding the Trans-Pacific Partnership free trade negotiations, former senior U.S. trade official Ira Shapiro has suggested. A bilateral agreement between Japan and the United States will be a “trigger” for a broader agreement, Shapiro ...

Feb 21, 2014

Stage set for TPP ministerial meeting

The chief trade negotiators from the 12 Pacific Rim countries drafting the Trans-Pacific Partnership free trade accord will end their working-level talks Friday in Singapore, setting the stage for a crucial ministerial gathering this weekend. After missing their goal of sealing the pact last ...