According to the article (http://news.yahoo.com/pacific-trade-ministers-aim-seal-tpp-trade-pact-050700679–finance.html), top trade representatives of 12 Pacific Rim countries are hoping to finalize the TPP agreement this week following the failed negotiations that occurred in Hawaii earlier this year.
A handful of issues hindered the talks in Hawaii, including US treatment of Japanese auto-parts, the length of patent protections for biologic drugs, and open markets for dairy products from major producers.
While prospects look good that the deal could be sealed this week, nothing is certain. Vocal public groups are raising objection to several issues under discussion, and there have been multiple demonstrations protesting the TPP in both Canada and New Zealand.
Nonetheless, if a deal is struck, it could become a model for an even larger agreement, the Transatlantic Trade and Investment Partnership (TTIP) that Washington is negotiating with the European Union.