Chief negotiators begin talks on final TPP issues

MAUI, Hawaii - The Trans-Pacific Partnership free trade agreement negotiations entered their final phase on Friday at a conference on issues such as government procurement and the environment.

The chief negotiators representing the 12 countries in the talks aim to hand the basic agreement off to government ministers for a meeting on Tuesday.

"The remaining problems are limited, but our job is to overcome these last difficulties," Japan's top negotiator, Koji Tsuruoka, told reporters before the start of the chief negotiators' meeting.

The participating countries in the TPP talks aim to complete a written accord comprising 31 chapters, including stipulations about common economic rules.

Negotiations over 17 chapters have been effectively settled. The chief negotiators' meeting will tackle settlements on about eight chapters.

These chapters include one about government procurement that would prevent participating governments from giving preferential treatment to their nation's companies when the governments buy products. Another concerns the environment, and would set rules aimed at achieving both economic growth and environmental conservation.

There are four chapters over which negotiations have faced difficulties, such as intellectual property and state-run companies. The chief negotiators will try to narrow down the points of dispute so the ministers can resolve the talks with political decisions.

Two chapters - the TPP agreement's preamble and its final provisions - are scheduled to be confirmed when the basic agreement is reached.

The 12 participating countries will also hold bilateral meetings in parallel with their general meeting.


Share

2 min read

Published

Updated

By Takahiro Tsujimoto, Yuya Yokobori

Source: The Washington Post



Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world