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Pacific Deal Rewrites Rules on Trade in Autos, Patented Drugs

2015-10-05 19:33:54| Biotech - Topix.net

The Trans-Pacific Partnership, as the pact is known, will rewrite the rules of commerce among 12 nations that collectively produce an estimated 40 percent of the world's economic output. It still faces hurdles, such as a vote in the U.S. Congress, but if ratified would have a far-reaching impact on goods and services.

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Negotiators agree landmark TPP trade deal

2015-10-05 17:09:00| Daily apparel & textile news and comment - from just-style.com

After more than five years of negotiations, leaders of 12 Pacific Rim countries, including the US, Japan and Vietnam, have finally concluded negotiations on the Trans-Pacific Partnership (TPP) - paving the way for what will be the world's largest free trade agreement.

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Pacific trade negotiators reach landmark deal, fight for approval to follow

2015-10-05 16:35:44| Automakers - Topix.net

The TPP would give Japan's automakers, led by Toyota, a freer hand to buy parts from Asia for vehicles sold in the U.S. Photo credit: BLOOMBERG ATLANTA -- Pacific trade ministers have reached a deal on the most sweeping trade liberalization pact in a generation that will cut trade barriers and set common standards for 12 countries, an official familiar with the talks said today. Leaders from a dozen Pacific Rim nations are poised to announce the pact later today.

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Trans-Pacific free trade deal agreed

2015-10-05 15:11:53| BBC News | Business | UK Edition

US, Japan and 10 other Pacific rim countries agree wide-ranging Trans-Pacific Partnership free trade deal that covers about 40% of the world economy.

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Pacific trade negotiators close in on landmark deal, fight for approval to follow

2015-10-05 14:18:02| Biotech - Topix.net

A dozen Pacific Rim nations prepared on Monday to announce the most sweeping trade liberalization pact in a generation, a deal that could reshape industries and influence everything from the price of cheese to the cost of cancer treatments. The Trans-Pacific Partnership seeks to cut trade barriers and set common standards for 40 percent of the world economy and would stand as a legacy-defining achievement for U.S. President Barack Obama, if it is ratified by Congress.

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