TPP trade deadlock: Japan leans on US to break impasse

[Omaha Steve]

Source: The Guardian

Japan called on the US to find a way to break a deadlock over protections for next-generation medicines on Saturday, as talks on a sweeping trade pact were extended for another 24 hours.

Negotiators were up all night trying to broker a deal on the 12-nation Trans-Pacific Partnership, which will create a free trade zone covering 40% of the world economy.

A push by the US to set a longer period of exclusivity for drug makers who develop biological drugs such as Genentech’s Avastin cancer-treatment has run into opposition from other TPP economies and is holding up a broader deal.

Japanese economy minister Akira Amari said he had agreed to a US request to stay on in Atlanta for another 24 hours, but said the US had to find a way forward on biologics.

FULL story at link.

Read more: http://www.theguardian.com/us-news/2015/oct/03/tpp-trade-deadlock-japan-us-to-break-impasse

[KoKo]

1. Well...its a delay...and any delay is helpful with this POS "Trade Giveaway Deal!

[Populist_Prole]

3. That's the way I see it

Though it's ironic that it's the smaller issues within it, rather than the largest macro one ( global corporate fascism ) that are smacking the shit out of it against the ropes.

[Erich Bloodaxe BSN]

2. Kill it! Kill it with fire! nt

[davidpdx]

5. +1

It maybe too much to hope for it this point though. I think we need to start gearing up to hit Congress hard. I'll make three calls a day everyday to my congressman and senators until the day of the vote.

[passiveporcupine]

4. Of course the US is fighting to extend patents on drugs

We are so fucked!