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Pacific Trade Talks Progress but Gap Between US, Japan Lingers

Negotiations for an ambitious trade pact among Pacific countries made significant progress over the weekend, but a gap between Japan and the United States over the issue of market access and other hurdles remains, trade representatives said October 27. The 12-nation Trans-Pacific Partnership (TPP) is central to President Barack Obama's policy of expanding the U.S. presence in Asia and the president has expressed hopes of concluding a deal by the end of the year. “There is no...

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