No Breakthrough in US-Japan Trade Deal
The United States and Japan have failed to reach a trade deal during the first day of President Barack Obama's visit to the Asian country.
The two sides were unable to come closer to the crucial Trans-Pacific Partnership trade pact, initiated by Washington, The Japan Times revealed.
Japan's Economy Minister Akira Amari, who is leading the negotiations, said on Thursday that "too many issues remained unresolved" and further talks would be needed. However, neither country has come out with an official statement so far.
President Obama assured Prime Minister Shinzo Abe that the US remains a strong partner of Japan and urged him to take "bold steps" in moving the trade deal forward.
The US head of state will leave Tokyo on Friday. His Far East trip continues with visits to South Korea, Malaysia, and the Philippines.
- » Greece 'to Make New Proposal Wednesday'
- » Eurogroup Rejects Greek Request for Extension of Bailout
- » Latest EU-Facilitated Serbia-Kosovo Dialogue Fails to Reach Agreement
- » Eurogroup to Discuss Latest Greek Proposal at Emergency Conference Call
- » No Bulgarian Troops Injured in Taliban Suicide Bombing in Kabul
- » Greek Government Submits New Proposal to Creditors in Attempt to Avert Default