Japan, U.S. make progress in trade talks; key gaps remain

April 10, 2014

(Reuters) – Japanese and U.S. trade officials made progress on Wednesday in negotiations meant to spur a broad Pacific trade pact and prepare for a visit by President Barack Obama, but they remain apart on some major issues, both sides said.

Japan and the United States are seeking a two-way trade deal, regarded as a key part of the U.S.-led Trans-Pacific Partnership (TPP) that is the centerpiece of Washington’s push to increase its Asian presence, before Obama travels to Japan for an April 24-25 state visit.

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