ATLANTA – Japan’s trade minister Akira Amari briefed Japanese press prior to lunch that agreement in principle has been reached the controversial Trans Pacific Partnership.
It would appear that the main reason the TPP remains only an agreement in principle is that Chile and Peru will not permit the intellectual property chapter to be closed. They will not support the U.S.-Australia compromise on biologics reported earlier today.
No further details at this time. We expect a press conference later this afternoon.