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TPP Ministerial Set for Australia, Robb Suggests “Basic Elements” of Deal by Year-End

Posted October 09, 2014

Under Economic Issues, International Trade Issues

(Bridges)

Members of the 12-country Trans-Pacific Partnership (TPP) talks appear to be ramping up their negotiating efforts in the hopes of reaching the main elements of an agreement by the end of this year, with Australia confirming last week that it would be hosting a ministerial-level meeting in Sydney later this month.

“After more than four years of intense negotiations the conclusion of the world’s largest regional trade agreement is within reach,” said Australian trade minister Andrew Robb in a statement announcing the 25-27 October meeting.

The goal of the event, the trade minister’s office said, was to advance the talks “with an eye to concluding the basic elements of the agreement before the end of the year.” Robb had previously been one of the officials suggesting that a completed TPP would be unlikely this year, and was more likely for early 2015. Read more here.