TPP READY TO ROLL POLITICO’s Doug Palmer in
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Posted On: 10/05/2015 9:15:51 AM
TPP READY TO ROLL
POLITICO’s Doug Palmer in Atlanta: “Negotiators from the U.S., Japan and 10 Pacific-Rim nations appeared close late Sunday … to cinching a landmark trade deal, setting the stage for President Barack Obama to send the deal to a divided Congress early next year. Almost six years in the making, the deal would tear down trade barriers and establish rules in areas like labor, the environment and e-commerce for countries that produce 40 percent of the world’s economic output, from giants like the U.S. and Japan to developing nations like Peru, Malaysia and Vietnam.
“The Trans-Pacific Partnership is key to Obama’s ‘pivot’ to Asia, aimed at anchoring the United States in a region increasingly dominated by China. Trade ministers stayed three days past their expected departure to continue the final, difficult talks on auto, dairy and drug protections — knotty issues that will likely shape the votes in Congress, as well as in the legislatures of other nations … U.S. lawmakers could soon be closely scrutinizing the details, though it could be sometime before they vote on the pact”
http://politi.co/1Z1NONB
POLITICO’s Doug Palmer in Atlanta: “Negotiators from the U.S., Japan and 10 Pacific-Rim nations appeared close late Sunday … to cinching a landmark trade deal, setting the stage for President Barack Obama to send the deal to a divided Congress early next year. Almost six years in the making, the deal would tear down trade barriers and establish rules in areas like labor, the environment and e-commerce for countries that produce 40 percent of the world’s economic output, from giants like the U.S. and Japan to developing nations like Peru, Malaysia and Vietnam.
“The Trans-Pacific Partnership is key to Obama’s ‘pivot’ to Asia, aimed at anchoring the United States in a region increasingly dominated by China. Trade ministers stayed three days past their expected departure to continue the final, difficult talks on auto, dairy and drug protections — knotty issues that will likely shape the votes in Congress, as well as in the legislatures of other nations … U.S. lawmakers could soon be closely scrutinizing the details, though it could be sometime before they vote on the pact”
http://politi.co/1Z1NONB
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