Apr 11, 2014

Japan, U.S. trade chiefs pen in new bid next week to seal TPP deal

Japan’s minister in charge of the Trans-Pacific Partnership free trade talks said Friday he will meet with his U.S. counterpart in Washington next week as they accelerate efforts to resolve outstanding issues before the Japan-U.S. summit later this month. Akira Amari and Michael Froman ...

Apr 11, 2014

Congress top obstacle to TPP deal

by Eric Johnston

Failure by Japanese and U.S. negotiators to reach a Trans-Pacific Partnership agreement is making headlines across Japan and raising concerns about the implications for U.S. President Barack Obama’s trip here later this month. But as two U.S. congressional representatives and a Washington-based group opposed ...

Abe, Abbott reach FTA agreement

Apr 7, 2014

Abe, Abbott reach FTA agreement

by Mizuho Aoki and Reiji Yoshida

Prime Minister Shinzo Abe and Australian Prime Minister Tony Abbott agreed on a free trade pact Monday in Tokyo, ending seven years of negotiations. “Today’s general agreement has a historic significance for the two nation’s efforts to establish closer ties,” Abe said during a ...

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 ...

Japan and Australia fail to agree on tariffs in FTA talks

Mar 26, 2014

Japan and Australia fail to agree on tariffs in FTA talks

Japan and Australia failed to reach an agreement over cutting tariffs on farm products during ministerial talks Wednesday in Tokyo and could only confirm they will continue the negotiations. After meeting with agriculture minister Yoshimasa Hayashi, his Australian counterpart Andrew Robb told reporters that ...

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 ...

TPP talks hung up on farm produce, autos

Feb 16, 2014

TPP talks hung up on farm produce, autos

by Kakumi Kobayashi

Japan and the United States failed to make progress on resolving their Trans-Pacific Partnership differences in ministerial talks Saturday as the thorny farm produce and auto trade issues kept the trade pact in limbo. Both will “continue to work” on narrowing the gaps ahead ...