Pacific trade talks step closer to clearing auto parts hurdle


  • World
  • Thursday, 01 Oct 2015

The twelve Trans-Pacific Partnership (TPP) Ministers hold a press conference to discuss progress in the negotiations in Lahaina, Maui, Hawaii July 31, 2015. REUTERS/Marco Garcia

ATLANTA (Reuters) - Negotiators trying to clinch a Pacific Rim free trade deal made headway on Wednesday over how to remove a stumbling block and give automakers a freer hand to sell cars in the United States with more parts purchased in Asia.

People briefed on the closed-door talks said Canada and Mexico signalled a willingness to open the North American auto market to more parts made in Asia, one of the key hurdles to sealing a broader deal on the Trans-Pacific Partnership.

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