Region:
World
Category:
Economy

No free trade agreement between Japan and the United States

The harshest issues are the elimination of tariffs, intellectual property and environmental protection

Two of the most influential economies in the world still do not agree on the terms of the EPA. On the third day of the meeting in Singapore, ministers of the 12 participants in the conversations Trans-Pacific Partnership countries are trying to bring positions in the most troubled areas of the covenant. Among them are the elimination of tariffs, intellectual property and environmental protection.

Before Monday's session, the Japanese minister in charge of affairs of the TPP, Akira Amari, told reporters that each country has to make concessions to achieve a comprehensive agreement. About bilateral negotiations between Japan and the United States on tariff elimination, said both sides remain divided. He added that talks are underway working on how to proceed in this matter with a view to the next ministerial meeting.

Amari said Japan is willing to do everything possible to agree with the United States.