Pacific trade ministers vow to reach deal, say extra time is needed

Talks aimed at finalising a trade deal between Australia, the United States and 10 other Pacific Rim countries have reportedly been extended.

TPP negotiators

Source: AAP

Among the reported sticking points are rules of origin for the car industry, dairy market access and the monopoly period for biological drugs.

The White House say US President Barack Obama spoke yesterday with Prime Minister Malcolm Turnbull, primarily to discuss the trade negotiations.

US Trade Representative Michael Froman and his counterparts working on the Trans-Pacific Partnership have been meeting since Wednesday in the US city of Atlanta.




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Source: AAP


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