U.S.-Led Pacific Trade Pact (TPP) Misses 2013 Deadline For Agreement
Source: Agence France-Presse
By Agence France-Presse
Tuesday, December 10, 2013 8:34 EST
Talks on forming a huge US-led Pacific free trade area will resume next month after the 12 prospective members Tuesday gave up on meeting Washingtons year-end deadline for a deal.
US Trade Representative Michael Froman and his counterparts said they made substantial progress after four days of talks in Singapore on the proposed Trans-Pacific Partnership (TPP) but failed to resolve all issues.
We have decided to continue our intensive work in the coming weeks toward such an agreement, Froman said, reading a joint statement by the trade ministers.
--CLIP
Activists monitoring the TPP talks hailed the failure to meet the deadline.
Jamie Choi, campaign director of global advocacy group Avaaz, said: The US was hellbent on sealing the super-secretive deal this week, but people across the world have blown these talks open, and were seeing countries standing strong for what their citizens want.
Read more: http://www.rawstory.com/rs/2013/12/10/us-led-pacific-trade-pact-tpp-misses-2013-deadline-for-agreement/
Hissyspit
(45,788 posts)TECH | 12/10/2013 @ 9:28AM |4,923 views
US Fails To Close TPP Deal As Wikileaks Exposes Discord
The latest round of talks over the Trans-Pacific Partnership (TPP) have failed to lead to a resolution, with ministers confirming that debate is likely to continue into next year.
The announcement comes as Wikileaks releases an internal memo and spreadsheet, revealing that the US is putting heavy pressure on other nations to conform with its demands.
Following four days of talks in Singapore, the heads of the various delegations have today released a statement saying that while theyve identified what they call potential landing zones for the areas that remain contentious, they have failed to reach a resolution as hoped.
Therefore, we have decided to continue our intensive work in the coming weeks toward such an agreement, they say. We will also further our consultations with stakeholders and engage in our respective political processes. Following additional work by negotiators, we intend to meet again next month.
The statement coincides with the release of two more documents from Wikileaks which reveal just how far apart the US is from the other nations involved in the treaty, with 19 points of disagreement in the area of intellectual property alone. One of the documents speaks of great pressure being applied by the US.
Plucketeer
(12,882 posts)We Americans who still genuinely care about our country - as opposed to corporate welfare - need to DEEP SIX this dastardly sellout in the Marianas Trench! With stainless steel-wrapped lead weights to keep it secured forever.
Vincardog
(20,234 posts)Populist_Prole
(5,364 posts)May it be picked apart bit by bit. And it all began once the secretive nature of it was exposed.
malthaussen
(17,217 posts)Although our plutocrats are going to be sobbing into their cognac tonight.
-- Mal