Doubts have been raised over a renewed Asia-Pacific push for a regional trade agreement amid setbacks to a US-Korean deal and scepticism over Japan’s commitment to agricultural reform.
Leaders of nine of the nations attending the 21-member Asia-Pacific Economic Co-operation forum in Japan this weekend stepped up efforts to complete a Trans-Pacific Partnership (TPP) to liberalise trade and harmonise business regulation and environmental protection.
Barack Obama, US president, reiterated his commitment to the pact, saying it “would facilitate trade and open up markets throughout the Asia-Pacific”.
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