Atlanta (USA) (AFP) – Trade ministers of 12 Pacific Rim countries failed again to conclude a deal on a huge free-trade area and will meet one more time Sunday (Today October 4) in hopes of reaching agreement. Already once this year, in July in Hawaii, trade ministers gathered with expectations of a deal — and left empty-handed.
“The main issues are still biologics and the dairy trade, between the US and Canada and New Zealand. The automotive issues are mostly settled,” said an Asian official after the latest meeting.
Officials said that this will be the last chance for an agreement during this round. The ministers have been meeting since Wednesday and have been stuck for most of the time on the same two problems. More details can be found here