U.S. Calls for TPP Trade Deal Progress in Asia Before Year End

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U.S. Treasury Secretary Jacob J. Lew sought progress on negotiations in the Trans-Pacific Partnership in his trip to Asia this week as a year-end deadline for the trade pact looms.

Some issues are still being “worked through” in the goods component of the trade deal, Lew told reporters in Singapore after meeting with the city-state’s finance minister Tharman Shanmugaratnam today. In Tokyo yesterday, Economy Minister Akira Amari advised Lew to understand that Japanese producers need protection in agricultural areas.