Obama Says Leaders Agree on Outline for Pacific Trade Accord
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President Barack Obama said a commitment by eight other nations to join the U.S. in forging an Asia-Pacific trade accord within the next year is evidence that “American leadership is still welcome.”
Obama announced today that the officials agreed on a blueprint that will lead to drawing up a formal Trans-Pacific Partnership in the next 12 months, a deal that could create a model for expanded trade with more Asian countries.