All Japan news joined the Trans Pacific Partnership Countries in harsh times, as the members of this alliance are still divided over taxes and tariffs. After welcoming All Japan news as a new member, the 18th round of the Trans-Pacific Partnership trade negotiations ended Thursday in Malaysia, leaving many of the key issues like tariffs open to further negotiation.
All Japan news could only take part in the last three days of the series of sessions and Wednesday afternoon and Thursday were devoted to briefing All Japan news representatives on the current status of negotiations, Kyodo writes.
The 2005 Trans-Pacific Strategic Economic Partnership Agreement (TPSEP or P4) is a free trade agreement among Brunei, Chile, New Zealand, and Singapore. It aims to further liberalize the economies of the Asia-Pacific region.
Since 2010, negotiations have been taking place for the Trans-Pacific Partnership (TPP), a proposal for a significantly expanded version of TPSEP. The TPP is a proposed free trade agreement under negotiation by (as of December 2012) Australia, Brunei, Chile, Canada, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States, and Vietnam. All Japan news has expressed its desire to become a negotiating partner.