U.S. Trade Negotiator Sees ‘Important Progress’ in TPP Talks

finance-market_data09/10/14 Bloomberg

Talks between 12 nations drafting a Pacific-region trade agreement made progress on rules for state-owned enterprises, with differences over tariffs remaining one of the obstacles to a final deal, a top U.S. negotiator said in an interview. “There has been important progress made this week,” Barbara Weisel, U.S. trade representative for Southeast Asia and the Pacific said yesterday in Hanoi, where she led the U.S. delegation in 10 days of talks on the Trans-Pacific Partnership that concluded today. “We have spent successive rounds trying to narrow the gaps. There was very good progress on SOEs here.”

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Paraguay moving closer to Pacific Alliance; expects invitation for summit in Mexico

globe - south america - connections to worldMercoPress, 4/24/14

The announcement followed the visit to Asuncion of Colombian Deputy foreign minister Patti Londoño who met with her peers in the framework of the Paraguay-Colombia political and trade discussions mechanism, according to what was agreed by foreign ministers Eladio Loizaga and Maria Angeles Holguin last 24 March.

”We are very pleased to have Paraguay as an observer of the Alliance (Chile, Peru, Colombia and Mexico), but each country must agree on the areas it will be concentrating efforts and links with the founding members of the group“, said Ms Londoño.

”The Pacific Alliance already has 30 observer-countries, which is part of the integration effort in several areas and the links we establish with observers”, added the Colombian official.

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Op Ed: Mexico Suffered, and the United States Felt Its Pain

The New York Times, 11/24/2013

By Laura Carlsen

NAFTANafta is limping toward its 20th anniversary with a beat-up image and a bad track record. Recent polls show that the majority of the U.S. people favors “leaving” or “renegotiating” the model trade agreement.

While much has been said about its impact on U.S. job loss and eroding labor conditions, some of the most severe impacts of Nafta have been felt south of the border.

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Mexico backs Japan’s bid to join Trans-Pacific trade talks

Enrique PeñaNieto 2Reuters, 4/8/13

Mexico on Monday gave its support to Japan’s bid to join trade talks in the Asia-Pacific region that would create the world’s largest free trade zone. Japan asked to join the Trans-Pacific Partnership (TPP) in March and is awaiting a formal decision by the 11 current participating countries, which could come as early as this month.

“We express our sympathy, support and backing for the interest that Japan has shown in participating in the TPP,” Mexican President Enrique Pena Nieto said at a joint news conference with Japanese Prime Minister Shinzo Abe in Tokyo. If Japan, the world’s third-largest economy, joins the TPP, the free trade zone would cover nearly 40 percent of world economic output.

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CRS Report: Mexico’s Free Trade Agreements

M. Angeles Villareal, 07/03/ 2012

On June 18, 2012, President Barack Obama announced that an invitation was extended to Mexico to join the ongoing negotiations for the Trans-Pacific Partnership (TPP), a proposed free trade agreement involving the United States and eight other countries. Canada was also invited to join the negotiations.

Mexico’s pursuit of FTAs with other countries not only provides economic benefits, but could also potentially reduce its economic dependence on the United States.

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Stalemate in the inclusion of members in transpacific alliance [In Spanish]

El Economista, 6/5/2012

The United States and eight other countries that are negotiating a treaty for free commerce in the Asia Pacific region are still undecided about an offer made almost seven months ago by Japan, Canada and Mexico to join these conversations.

This information comes from the United States Trade Representative (USTR) that also assured that “once again, the ministers thanked the interest of Canada, Japan and Mexico to join the TPP (Trans-Pacific Partnership).” According to this information release, the ministers spoke about the progress of bilateral consultations of each member country with Canada, Japan and Mexico, respectively.

“Decisions on the admittance of these candidates into the TPP have not been made,” declared the USTR in an information release signed in Russia and added that consultations will surely continue.

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Trans-Pacific Partnership (TPP) Talks Advance in Texas

Office of the United States Trade Representative, 5/16/12

The United States said today that TPP partners – Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, the United States, and Vietnam – made better-than-expected progress at the twelfth round of negotiations that formally concluded today outside Dallas, Texas.

U.S. negotiators have reported to U.S. Trade Representative Ron Kirk that the progress achieved during this round has further narrowed differences in the text and the teams can now see a clear path forward toward conclusion of most of the more than 20 chapters of the agreement. A few TPP negotiating groups will continue to meet in Texas for the remainder of this week.

The TPP agreement is an important element of the Obama Administration’s efforts to support the creation and retention of high-quality jobs for Americans by increasing exports to the vibrant economies of the Asia-Pacific region. The United States and its eight partners are determined to expeditiously complete a comprehensive, next-generation agreement. During this eleven-day negotiating round, the teams focused heavily on making as much progress as possible on the texts of the agreement.

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