TPP talks gaining momentum but no breakthrough yet on market access
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Sydney
NEGOTIATIONS for an ambitious trade pact among Pacific countries made significant progress over the weekend but there is still a gap between Japan and the United States over market access and other hurdles, trade representatives said on Monday.
The 12-nation Trans-Pacific Partnership (TPP) is central to President Barack Obama's policy of expanding the US presence in Asia and the president has expressed hopes of concluding a deal by the end of the year.
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