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Inside U.S. Trade - March 27, 2015

TPP Investment Leak Reveals Remaining Issues Are ISDS Scope, Capital Flows

A purported text of the Trans-Pacific Partnership (TPP) investment chapter published by Wikileaks reveals that negotiators have reached consensus on nearly all of its provisions except for the scope of the investor-state dispute settlement (ISDS) mechanism and the extent to which signatories would be allowed to restrict capital flows in order to mitigate a financial crisis.

In KORUS Meeting, U.S. Keeps Up Pressure On Korean Emissions Rules

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Ryan Says TPP Ministerial Tentatively Set For May; Airs Worries On TPA Lag

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A Japanese official said late Friday (March 27) that the delay in congressional consideration of a bill to renew Trade Promotion Authority (TPA) is negatively impacting bilateral negotiations with the United States under the Trans-Pacific Partnership (TPP) because it causes Tokyo to question whether Washington is in a position to strike a deal.

The United States is planning to host the next round of the Transatlantic Trade and Investment Partnership (TTIP) negotiations the week of April 20 in New York City, according to informed sources.

The Chilean government has confirmed that Trans-Pacific Partnership (TPP) countries are planning to hold a ministerial meeting in late May, but said the dates and location for the gathering have not yet been set.

U.S. Trade Representative Michael Froman on Thursday (March 26) assured U.S. textile manufacturers that they would get advance warning of any “modifications” to the textile and apparel provisions in a final Trans-Pacific Partnership (TPP), but that he does not expect a deal to depart significantly from what is currently on the table.

House Democrats gave conflicting opinions about whether a classified briefing by administration officials held Wednesday (March 25) that largely focused on investment issues in the Trans-Pacific Partnership (TPP) was valuable for lawmakers.

Vietnam's ambassador to Washington on Tuesday (March 24) said Hanoi does not consider congressional passage of Trade Promotion Authority (TPA) to be a "condition" for advancing the Trans-Pacific Partnership (TPP) talks, while at the same time making clear he believes the legislation would help facilitate the talks as they approach a conclusion.

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  • Japan's deputy chief negotiator for the Trans-Pacific Partnership (TPP) has made clear that Tokyo is willing to reach a bilateral deal with Washington on agricultural market access and auto trade before the U.S. Congress passes a Trade Promotion Authority (TPA) bill.

  • The European Parliament's agricultural rapporteur for the U.S.-EU trade talks on March 4said that his party -- whose support is necessary to pass the Transatlantic Trade and Investment Partnership (TTIP) -- is divided over how a potential deal should handle agricultural issues, sanitary and phytosanitary (SPS) rules and an investor-state dispute settlement mechanism (ISDS).