Clock runs out for US TPA bill this year


  • Business
  • Wednesday, 20 Nov 2013

WASHINGTON: The Obama administration's hopes of securing "fast-track" trade negotiating authority from Congress this year look certain to be dashed given the limited time left on the congressional calendar, the No. 2 House Democrat said on Tuesday.

The administration wants Congress to quickly pass Trade Promotion Authority, or TPA, to help it secure a trade agreement with 11 other Pacific Rim nations, including AustraliaChileCanadaJapanMalaysiaand Mexico.

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