Lingering issues delay Trans-Pacific Partnership trade deal
Last edited Sun Oct 4, 2015, 09:24 PM - Edit history (1)
Source: Canadian Press
A last-minute sprint toward a historic trade agreement turned into yet another marathon negotiating session, as a few lingering issues including Canadian dairy repeatedly delayed an announcement of a deal Sunday.
As a result a planned news conference to announce the deal was rescheduled from 4 p.m. to 6 p.m., then 8 p.m., and then indefinitely, in a fitting finale to a ministerial meeting marked by all-night negotiations that was supposed to last two days, then three, then four and is now in its fifth and probably final day.
... The dynamics delaying the Trans-Pacific Partnership deal were explained by one of the trade ministers involved the 12-country talks. He said a struggle over next-generation pharmaceuticals has had a cascading effect on attempts to resolve other issues.
"Look, it's not done yet," said Australia's Andrew Robb.
Read more: http://www.cbc.ca/news/politics/trans-pacific-partnership-near-deal-1.3256151
UPDATE from Shawn Donnan of the Financial Times:
https://twitter.com/sdonnan/status/650840476862545920
#TPP closing presser has been moved to Monday morning in Atlanta. Officials insist they are optimistic deal will be done.
mccallen
(24 posts)Then it will be destroyed in favor for fair trade deals.
ZM90
(706 posts)It'll also keep economic populism on the front burner as in issue: Those that are publicly for this deal will stand out in sharp relief.
SoapBox
(18,791 posts)Disgraceful, Mr. President.
KoKo
(84,711 posts)FairWinds
(1,717 posts)to save us from those rapacious bastards of BIG PHARMA