The US agriculture officials reported that the exports for the 2015 fiscal year are expected to fall 8%. The agriculture trade in particular has been one of the major points of focus in TPP, and this estimate has sent a sense of urgency on the negotiating table.
On the other hand according to the trade officials, the recent negotiation meeting has reached substantial progress on the charter in terms of environmental and labor laws.
To read more please go to the link -“http://farmfutures.com/story-ustr-offers-update-tpp-following-maui-meeting-0-131898”
Despite the recent fast track status, the question is – will the US be able to get the TPP accepted by the end of this year?