Lima, Peru – Oct 28, 2011. The United States and its Trans-Pacific Partnership (TPP) partners concluded a ninth round of negotiations in Lima, Peru. During this round, negotiators built upon progress made in previous rounds and pressed forward toward the goal of reaching the broad outlines of an ambitious, jobs-focused agreement by the Asia-Pacific Economic Cooperation Leaders’ meeting in Honolulu, HI next month. At APEC, President Obama and his counterparts from the other eight TPP countries will take stock of progress to date and discuss next steps.
TPP negotiators from the United States, Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, and Vietnam made further considerable progress on the legal texts of the agreement, as well as on the cross-cutting issues of small- and medium-sized enterprises, regulatory coherence, competitiveness, and development. With further domestic consultation on outstanding issues, the nine countries will move toward closure of a number of chapters. On more complex and sensitive chapters countries need more time to find convergence.
Before this round, the United States also put forward its new proposed text on state-owned enterprises, on which the teams had constructive initial discussions. This text was prepared in close consultation with U.S. stakeholders and Congress. The text is intended to help level the playing field for U.S. exporters and workers by addressing distortions to trade and competition that result from unfair advantages governments provide to these enterprises. The United States also tabled new text on labor, and the teams had a productive exchange on this issue as well.
Washington, DC. Oct 14, 2011. Deputy United States Trade Representative Demetrios Marantis this morning updated the Washington International Trade Association on progress in the Trans-Pacific Partnership (TPP) negotiations. U.S. negotiators will travel to Lima, Peru, next week for a ninth round of talks, with the goal of reaching the broad outlines of a TPP agreement by the APEC Leaders’ November meeting in Honolulu, Hawaii. Here are key excerpts of Ambassador Marantis’s prepared remarks:
“Two years ago next month, President Obama and Ambassador Kirk announced in Singapore the Administration’s decision to join the TPP. We said we envisioned TPP as a platform for regional economic integration across the Asia-Pacific region. We also said that we would engage stakeholders more actively leading up to and during TPP negotiations, in a transparent and serious way. We have followed through.”
“We have tabled text in more than twenty negotiating groups, including market access, financial services, intellectual property rights, government procurement, investment, and environment.
“In every negotiating group, we are looking for new and innovative approaches. For example, we are looking at treatment of cross-border data flows as a trade issue, and the increasingly common problem of “indigenous innovation” measures that disadvantage U.S. technology by forcing U.S. investors to favor another country’s domestic technology.