No TPP Mention in Obama, Japanese PM Joint Statement
President Barack Obama and Japanese Prime Minister Shinzo Abe agreed to continue "cooperation on a range of regional and global issues" after speaking on Jan. 25, but in a joint statement the two leaders didn't specify the Trans-Pacific Partnership (here).…
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Despite months of intense negotiations, the U.S. and Japan have not yet come forward with a compromise on bilateral agricultural market access and auto trade negotiations under TPP. Some analysts say the two sides have made substantial progress, and a deal on agricultural is within reach (see 1501040001). A U.S. Trade Representative official is scheduled to speak this week with a Japanese chief negotiator on auto issues.