Report

TPP on the Ropes, Part 3

posted by Richard Katz on September 12, 2016

Found in Global, US, categorized in International Trade and Investment

Tags: Richard Katz TOE TPP

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Headline

Hatch claimed that he knew of some TPP countries were willing to go to 12 years, but refused to name them. However, an informed source in Washington said it was unrealistic to expect the other TPP countries to go to 12 years, especially after the arduous

Abstract

Key points included in this part three of the report are,

- Hatch says “progress” in talks with White House on 12 years for biologics, but he said something similar in the spring and it went nowhere
Hatch claims some TPP countries will to go to 12, but informed sources call this “unrealistic”
Not clear whether Obama Administration is even asking anyone for 12 years
Number two and three GOP leaders in Senate (Cornyn and Thune) seem unaware of any WH-Hatch talks, and say concessions on tobacco also needed; Thune says “odds are not good”
Hatch says, even with biologics solution, hard to get ratification
How could Froman ask other countries to make new concessions if he cannot reassure them it will lead to ratification?

About Richard Katz

Richard Katz is Senior Fellow at the Carnegie Council for Ethics In International Affairs, the New York correspondent for Weekly Toyo Keizai, a leading Japanese business magazine, and formerly the editor of The Oriental Economist Report, a monthly newsletter on Japan.

Mr. Katz has taught about Japan’s economy as an Adjunct Associate Professor at the New York University Stern School of Business, and as a Visiting Lecturer in Economics at the State University of New York (SUNY) at Stony Brook.

Mr. Katz is the author of two books on Japan's economic travails and has just finished a third book on reviving entrepreeurship in Japan.

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