Progress on TPP deal with US but a gap remains

By: | at 06:29 PM | International Trade  

Japan and the United States have made progress on a two-way trade deal but a gap remains and effort is needed to come to a final compromise, a top official in Japan’s cabinet said.

Yasutoshi Nishimura, senior vice-minister of the Cabinet Office, told reporters in New York the two countries were in the “last stretch” of a deal vital to the Trans-Pacific Partnership, a 12-nation bloc that would extend from Asia to Latin America.

“I believe there was some progress” in talks last week, though “of course there still remains a gap and we have to make efforts to come to a compromise,” he said through a translator, after presenting at a conference. “The last stretch is not going to be easy.” (Reuters)


Discussion

Be the first to comment on this article!

To avoid Spammers, we ask that you log in using your AJOT.com account. Free accounts have access to commenting.

Did you forget your password?

It happens...