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Froman: No TPP Deal by APEC Summit in November

The 12 countries in negotiations on a Trans-Pacific Partnership (TPP) trade pact will not reach a final agreement in time for the Asia-Pacific Economic Cooperation (APEC) leaders' meeting in November, US Trade Representative Michael Froman said, confirming what most trade policy analysts had previously concluded. But Froman, in remarks at the Washington Ideas Forum on Thursday, said the Nov. 11-12 APEC leaders meeting in Beijing will provide the TPP heads of state a good chance to talk about outstanding issues and provide impetus toward concluding the pact.

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