Obama Hosts Peru’s Humala in Push for Trans-Pacific Trade Deal
http://www.bloomberg.com/news/2013-06-11/obama-hosts-peru-s-humala-in-push-for-trans-pacific-trade-deal.html
Print QUEUEQ..
---------
Growth for both countries depends on expanding into global markets and the Trans-Pacific Partnership will create new opportunities, Obama said following a meeting at the White House with Perus President Ollanta Humala.
The accord offers the possibility of opening up markets throughout the the Pacific region with high standards and protections for labor and the environment, Obama said.
The U.S., Peru and nine other nations are negotiating the trans-Pacific trade agreement. The proposal also played a leading role in Obamas June 4 meeting at the White House with Chilean President Sebastian Pinera.
The 11 nations have a goal of reaching an agreement by the end of the year. The parties are working to resolve differences on intellectual property laws and labor and environmental standards, Pinera said during his visit.