Economic

Obama upbeat on prospects for Pacific trade deal

“U.S. President Barack Obama said on Wednesday he was confident Pacific Rim nations could nail down an agreement on a free-trade pact this year although approval by the U.S. Congress was not guaranteed. Speaking to a group of corporate executives, Obama said trade ministers should soon have an opportunity to close a deal on the 12-nation Trans-Pacific Partnership.”

Source: Obama upbeat on prospects for Pacific trade deal | Reuters

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