Japan's push to enter a broad Asia-Pacific trade pact faces one of its toughest challenges this week: acceptance from Washington. Opposition from American manufacturers and unions, combined with doubts about Tokyo's ability to deliver on promises, could create obstacles.
Japanese trade officials are set to meet their counterparts in Washington on Tuesday to seek approval to join a small but expanding group of nations negotiating to create a regional free-trade bloc. The pact, known as the Trans-Pacific Partnership, or TPP, is a key element of President Barack Obama's effort to boost U.S. exports to prop up economic growth.
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Source: Wall Street Journal
http://online.wsj.com/article/SB10001424052970203315804577206473485890372.html
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Andrew Northup Andrew works as the International Director at the Medical Imaging & Technology Alliance, a division of NEMA. Previously, he held a role at the British Embassy and was the fromer President of YTP |
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