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Pacific Free-Trade Talks ‘in the end-game’ says U.S. Trade Official

Posted May 25, 2015

(Rosemarie Francisco – Reuters)

The United States is optimistic a deal to set up a free trade zone across the Pacific will be concluded soon, with sensitive issues likely to be ironed out when its Congress resumes sessions, the top U.S. trade official said on Sunday.

“We are very much in the end-game,” U.S. Trade Representative Michael Froman told reporters after a two-day trade ministers’ meeting on the Philippine island of Boracay.

“Our negotiators are working as we speak, and working through issues, we hope to conclude it soon,” Froman said. “We want to make sure we conclude it consistent with the principles we’ve laid out.” [...]

Froman declined to give a timeline on when the TPP talks would be concluded. But Australia said on Wednesday the negotiations could be wrapped up as early as June. Click here to read more.