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Pacific-Trade Pact Misses 2013 Deadline as Talks Recess

Negotiators of the 12-nation Trans-Pacific Partnership trade pact said yesterday they would miss a year-end deadline to complete the deal.

“We identified potential landing zones for the majority of key outstanding issues in the text,” U.S. Trade Representative Michael Froman told reporters after four days of talks in Singapore, reading a joint statement from ministers and delegation heads. “We intend to meet again next month,” he said, with market access issues yet to be resolved.