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Obama-Abe summit seen giving impetus to trade but no deal-official
April 18, 2014 / 8:50 PM / 4 years ago

Obama-Abe summit seen giving impetus to trade but no deal-official

WASHINGTON, April 18 (Reuters) - Next week’s meeting between U.S. President Barack Obama and Japanese Prime Minister Shinzo Abe is a good opportunity to give impetus to trade negotiations but will not seal a deal, a senior U.S. administration official said on Friday.

Japanese and U.S. trade officials will meet again on Monday in the lead-up to the leaders’ talks to discuss sticking points in bilateral trade which are holding up agreement on the wider Trans-Pacific Partnership initiative.

The senior official said so far talks had succeeded in defining a set of outstanding issues, but these were very important and considerable differences remained between the two sides’ positions. (Reporting by Krista Hughes; Editing by Eric Walsh)

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