2014-10-15T075008Z_2_LYNXNPEA9E068_RTROPTP_2_JAPAN-USA-TRADE

U.S. encouraged by progress with Japan on Pacific trade pact, but 'tough' issues remain

Acting Deputy U.S. Trade Representative Cutler shakes hands with Japan's deputy chief negotiator Oe ahead of their meeting for the TPP free trade negotiation, at the Foreign Ministry in TokyoBy Elaine Lies TOKYO (Reuters) – Progress in U.S. talks with Japan towards a Trans-Pacific Partnership trade pact is encouraging, but difficult issues remain, the acting deputy U.S. trade representative said on Wednesday. Hopes of sealing the deal this year took a blow last month, when talks between the two nations seen as key to concluding the ambitious 12-nation trade pact hit a snag, with each side blaming the other for a stalemate over farm exports. …

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