US, Japan fail to reach TPP trade deal
Updated: 2014-04-25 10:42
(Xinhua)
|
|||||||||
TOKYO - The United States and Japan failed to reach a breakthrough in their trade talks over the Trans- Pacific Partnership Agreement (TPP) as US President Barack Obama is wrapping up a visit to Japan on Friday.
"This time we cannot say there is a basic agreement," Japanese Economy Minister Akira Amari told reporters after two-day talks in parallel with Obama's visit.
"Overall, the gaps are steadily narrowing," he said.
Amari, who is in charge of the trade talks, said that the thorny issue of market access for agricultural products and automobiles has not been resolved.
The United States has been insisting on access to the Japanese market for agricultural products and autos, the biggest sticking point in the negotiations.
At a summit on Thursday, Obama and Japanese Prime Minister Shinzo Abe made a last-ditch push for the trade talks but failed to broker a deal.
- Old US nuclear explosion images released
- Ballerina-to-be in audition
- Red alert for rainstorm issued in S China's Liuzhou
- Forest team tackles fire drill in NE China
- 'Global citizen' becomes head of C-100
- At 96, a legendary chef can still inspire 'the best' Chinese food
- China's wine consumption is growing
- China's reforms 'hitting right note'
Most Viewed
Editor's Picks
Beijing integrates with Tianjin, Hebei |
Enemies share eternity together |
Expats flee big, smoggy cities |
Life after an only child dies |
Parents put kindergartens to the test |
Nomads change for education |
Today's Top News
US, EU seen imposing sanctions on Russia
Obama arrives in Malaysia for 3-day visit
President Xi vows intense pressure on terrorism
Coking plant gas blast kills four in N China
China patrols Diaoyu Islands
Property bubble will not wreck China's economy
Putin, Obama still in dialogue: Kremlin
China marks 110th birth anniversary of revolutionary leader
US Weekly
Geared to go |
The place to be |