U.S., Other TPP Countries Agree To Narrow Scope Of SOE Chapter
SINGAPORE -- Trans-Pacific Partnership (TPP) ministers during a four-day meeting here agreed to scale back the scope of proposed disciplines on state-owned enterprises (SOEs) so that they do not apply to government support provided to SOEs for the delivery of services in their home country market. SOEs were one of several rules issues on which ministers made progress here, U.S. Trade Representative Michael Froman told reporters on Feb. 25, without addressing the specifics. But a U.S. trade official later confirmed...