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More progress on TPP talks made here, but no clear signs of a time-frame for conclusion

Published on Feb 25, 2014 5:15 PM
US Trade Representative Michael Froman (centre) speaks next to Japan's Economics Minister Akira Amari (centre left) and Singapore's Trade Minister Lim Hng Kiang (centre right), amongst trade ministers representing Canada, Peru, Malaysia and Mexico during a news conference at the end of a four-day Trans-Pacific Partnership (TPP) Ministerial meeting in Singapore February 25, 2014. -- PHOTO: REUTERS

Trade ministers from 12 Asia Pacific countries made more progress on an ambitious regional pact here, but the end is still not in sight.

The latest round of talks ended on Tuesday with no clear signs of a time-frame as to when the deal will be concluded.

"We made further strides toward a final agreement," it was noted in a joint statement from the 12 ministers.

"We have agreed on the majority of the landing zones identified at our last meeting. While some issues remain, we have charted a path forward to resolve them in the context of a comprehensive and balanced outcome."

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