No Emphasis on Trade in US Statement with Japan, Australia
The U.S., Japan and Australia vowed to work together on Nov. 16 to tackle a range of global security concerns, as well as maritime disputes, but the joint statement made only a passing mention of boosting “free trade and investment”…
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in the region (here). The three countries are critical economies in the Trans-Pacific Partnership, and the U.S.-Japanese disagreement over agricultural market access in the pact shows no signs of immediate resolution. Obama met with Australian Prime Minister Tony Abbot and Japanese Prime Minister Shinzo Abe on the sidelines of the G-20 summit in Brisbane. The U.S. and World Trade Organization partners over recent days laid the groundwork for wrapping up WTO agreements on information technology and trade facilitation, but TPP leaders only vaguely committed to continuing talks after a summit in Beijing (here). Obama said TPP negotiators "continue to make progress" in a Nov. 16 press conference in Brisbane. The president arrived home in Washington, D.C. on Nov. 17 after a week-long diplomatic tour through the Asia-Pacific.