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US Trade Chief Urges Senate to Fast Track TPP

Posted January 29, 2015

Under Economic Issues, International Trade Issues

(Marketpulse)

U.S. trade chief Michael Froman on Tuesday urged Congress to give President Barack Obama fast-track authority to strike a deal on a contentious Pacific free trade initiative and pave the way for a conclusion to negotiations within months.

“We look to Congress to pass a bipartisan trade promotion authority” so the United States and 11 other countries can conclude the Trans-Pacific Partnership deal within this year, Froman, U.S. trade representative, told a congressional hearing.

Speaking at the Senate’s Finance Committee, Froman said everybody involved in TPP negotiations is focused on trying to reach a conclusion in the next “small number of months.” Click here to read more.

Related: Anti-Trade Deal Protesters Hijack Senate TPP Hearing (RT)