The US is ramping up pressure to secure a Trans-Pacific Trade Deal with conditions that could undermine the national interests of nations involved. WikiLeaks documents say talks are “paralyzed,” with the US refusing to compromise on disputed issues.
Anti-secrecy group WikiLeaks has released two documents revealing the state of negotiations for the Trans-Pacific Partnership (TPP). The deal in question includes 12 countries – the United States, Japan, Mexico, Canada, Australia, Malaysia, Chile, Singapore, Peru, Vietnam, New Zealand and Brunei – which represent more than 40 percent of the world’s gross domestic product.
The 12 nations are are in Singapore this week to discuss the trade agreement. Following a closed-door meeting in Singapore, Japan’s trade minister Yasutoshi Nishimura told press he would like “the United States to show flexibility.”
“I’ve already mentioned the parts we can’t budge on, so the issue is what both sides can do based on that,” Nishimura said.
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