rinkles to be ironed out before leaders meet
17th round of TPP negotiations was held in Peruvian capital Lima from May 15 to 24, with negotiators planning to complete work on some chapters and accelerate progress on more challenging issues like intellectual property competition/State-owned enterprises environment market access for goods, services, and investment and government procurement.
Also on the agenda are trade in services, rules of origin, competition, and labour standards.
They hope to hammer out solutions to sensitive issues so that after the 18th round in July, everything will be ready for the political decisions that need to be made for a comprehensive agreement that can be signed this year at the October 1- 8 APEC Leaders Meeting in Indonesia.
The TPP will bring together the US, Australia, Brunei, Canada, Chile, Malaysia, Mexico, New ealand, Peru, Singapore, and Vieät Nam.
In April, Japan indicated it wanted to be part of the TPP.