Meeting on TPP deal between eleven nations kicks off

Ministerial meeting on the Trans Pacific Partnership free trade agreement between 11 signatory countries kicked off Wednesday and expected to run depending on the progress of negotiations. The meeting aims to reach a broad agreement for the pact to take effect without the United States, which has pulled out of the deal.

At a breakfast meeting held on the first day, Toshimitsu Motegi, minister in charge of economic revitalization, called on the participants to sort out the issues to be addressed to reach an agreement, as well as specific points to be discussed.

The countries are yet to reach a broad agreement on some issues, such as which agreed-upon regulations should be frozen until the United States returns.

Through talks by chief negotiators of these countries and other means, decisions have been made on about half of the approximately 50 items suggested for freezing. The remaining are set to be decided politically.

Motegi plans to hold bilateral talks with ministers from almost all the countries and urge them to work toward a broad agreement to be reached as soon as possible.

Vietnam is also the focus of attention. It disagrees with other countries over such issues as relaxing rules for eliminating tariffs on textile products, a field in which it is strong, and securing the free flow of data used in e-commerce transactions.

Recent Posts

Kathmandu unveils carbon capture technology activewear

Kathmandu has launched Seeker range, an innovative and sustainable activewear collection that merges eco-friendly advancements with functional design.

5 mins ago

GOTS joins Make the Label Count for textile sustainability

The Global Organic Textile Standard (GOTS), managed by the non-profit organization Global Standard, has joined the Make the Label Count…

11 mins ago

Pact Group, BlockTexx to boost garment recycling

Packaging company Pact Group has partnered with textile recycling technology firm BlockTexx to develop a system for recycling discarded clothing…

20 mins ago

Loftex promotes sustainability with innovative towel collection

Loftex USA is strengthening sustainability with the launch of eco-friendly towel sets, blending innovative performance features with luxurious designs.

1 day ago

Toray Industries produces sustainable acrylic fiber

Toray Industries, Inc. announced that starting this April, it will implement the mass balance approach in manufacturing its TORAYLON™ acrylic…

1 day ago

Cxffeeblack, COMOCO Cotton develop sustainable t-shirt

Cxffeeblack has joined forces with COMOCO Cotton, a sustainable textile company, to create a special coffee-dyed T-shirt made from unbleached…

1 day ago