Tuesday, August 13, 2013

U.S., Japan Conclude First Round Of TPP Talks


The U.S. and Japan on Friday completed an initial round of talks over a proposed free trade zone in the Asia-Pacific region but were reportedly unable to reach an agreement on automobiles, insurance and non-tariff measures, which are the biggest obstacles in the negotiations.

Acting United States Trade Representative Wendy Cutler on Friday completed three days of bilateral negotiations with her Japanese counterparts. The talks centered around the proposed Trans-Pacific Partnership, a pact to reduce tariffs and other trade barriers between the U.S. and 11 other... 

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