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Japan, Trade

US urges Japan to join regional trade pact

The United States is encouraging Japan to join the Trans-Pacific Partnership, a trade pact currently being negotiated by nine countries.

Kurt Campbell, the U.S. assistant secretary of state for East Asia, said that Japan and the United States need to find new areas for cooperation and that the trade agreement is a “potential venue.”

The United States, Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore and Vietnam hope to announce a framework on the deal at an Asia-Pacific summit in November in Hawaii.

The U.S. has promoted the Trans-Pacific Partnership as a new type of trade deal that creates jobs while ensuring stringent labor rights and environmental standards.

 http://www.pina.com.fj/?p=pacnews&m=read&o=7174757094e8943373734186983a7e
 

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About Samantha Magick

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