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Negotiators to reach TPP deal in November

Staff writer |
Chief negotiators from 12 countries participating in talks on the Trans-Pacific Partnership free trade agreement plan to meet again before their ministers are to reach a basic agreement in November.

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At the next meeting, the negotiators will aim to make a breakthrough on issues over which industrialized and emerging countries have been at odds, such as reforms of state-run companies, and which were shelved at the latest meeting.

After the eight-day meeting, which ended Saturday, Koji Tsuruoka, Japan's chief negotiator in the TPP talks, said that the negotiations will only get tougher from this point on.

The 12 participating countries had initially aimed at the Ottawa meeting to reduce the number of points of dispute as much as possible and reach a basic agreement at a ministerial meeting to be held during this summer.

In three fields - reforms of state-run companies, intellectual property and environmental affairs - the chief negotiators had to shelve the debates, as progress was not expected.

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