Reuters - Video

Edition: US | UK | IN | CN | JP

video Finance Videos

Wall Street gets Fed reality check
Wall Street gets Fed reality check - 01:51
Reuters Today: Spanish yields seen rising at auction
Reuters Today: Spanish yields seen rising at auction - 06:21
Surprise services boost points to UK recovery
Surprise services boost points to UK recovery - 02:54
Breakingviews: Do as I say, not as I do – German wages
Breakingviews: Do as I say, not as I do – German wages - 05:04
Market Pulse: Spain under fire as investors shun bond sale
Market Pulse: Spain under fire as investors shun bond sale - 03:28
Myanmar's Kyat begins managed float
Myanmar's Kyat begins managed float - 01:59
ASEAN: territorial code of conduct draft by year-end
ASEAN: territorial code of conduct draft by year-end - 01:48
U.S. Morning Call: Stock futures down, JPMorgan to be fined
U.S. Morning Call: Stock futures down, JPMorgan to be fined - 02:08
EMEA Day Ahead:: Thursday
EMEA Day Ahead:: Thursday - 03:13
3XSQ: Customer funds in question; royal return
3XSQ: Customer funds in question; royal return - 05:44
Still cashing in? Hirst retrospective
Still cashing in? Hirst retrospective - 02:32
World's biggest car delivery center
World's biggest car delivery center - 02:41

Final push for Pacific trade pact

Friday, July 31, 2015 - 01:01

Trade ministers from 12 nations are spending a last day trying to finalise the Trans-Pacific Partnership free trade deal. Paul Chapman reports.

▲ Hide Transcript

▶ View Transcript

The trade ministers of the 12 nations struggling to finalise the Trans-Pacific Partnership gather in Hawaii for a group photo. They're still trying to iron out the remaining obstacles to signing the free trade deal. Those obstacles include a major divide over how long drugs makers can have a monopoly on new medications. The U.S. wants 12-year patent protection, others want five years before such medication can be generically produced. Consumer advocacy group Public Citizen's Access to Medicines Program says lives are at stake. (SOUNDBITE)(English) PETER MAYBADUK, DIRECTOR OF PUBLIC CITIZEN'S ACCESS TO MEDICINES PROGRAM SAYING: "This is all about the pharmaceutical industry and unfortunately the U.S. government trying to make things worse for people so it's really just a question about how much worse, and every year, every extra additional year of monopoly costs people their health and costs our health systems billions of dollars." The proposed TPP deal would cut trade barriers and set common standards from workers rights to copyright for 40 per cent of the world economy.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Close

Final push for Pacific trade pact

Friday, July 31, 2015 - 01:01