TPP trade deadlock: Japan leans on US to break impasse
Source: The Guardian
Japan called on the US to find a way to break a deadlock over protections for next-generation medicines on Saturday, as talks on a sweeping trade pact were extended for another 24 hours.
Negotiators were up all night trying to broker a deal on the 12-nation Trans-Pacific Partnership, which will create a free trade zone covering 40% of the world economy.
A push by the US to set a longer period of exclusivity for drug makers who develop biological drugs such as Genentechs Avastin cancer-treatment has run into opposition from other TPP economies and is holding up a broader deal.
Japanese economy minister Akira Amari said he had agreed to a US request to stay on in Atlanta for another 24 hours, but said the US had to find a way forward on biologics.
FULL story at link.
Read more: http://www.theguardian.com/us-news/2015/oct/03/tpp-trade-deadlock-japan-us-to-break-impasse
KoKo
(84,711 posts)Populist_Prole
(5,364 posts)Though it's ironic that it's the smaller issues within it, rather than the largest macro one ( global corporate fascism ) that are smacking the shit out of it against the ropes.
Erich Bloodaxe BSN
(14,733 posts)davidpdx
(22,000 posts)It maybe too much to hope for it this point though. I think we need to start gearing up to hit Congress hard. I'll make three calls a day everyday to my congressman and senators until the day of the vote.
passiveporcupine
(8,175 posts)We are so fucked!