WASHINGTON -- President Barack Obama on April 30 voiced support for Japan joining talks with the United States and eight other countries on a free trade agreement in the fast-growing Asia Pacific region, but said no final decision had been made.
"We instructed our teams to continue our consultation regarding Japan's interest in joining the Trans-Pacific Partnership (TPP), which would benefit both our economies and the region," Obama said at a joint news conference with Japanese Prime Minister Yoshihiko Noda.
The United States hopes to finish talks with Australia, New Zealand, Peru, Chile, Singapore, Malaysia, Vietnam and Brunei on the TPP pact by the end of the year.
The countries say they are aiming for a "21st Century" agreement that goes further than previous trade pacts in tearing down barriers to trade and raising international standards in areas like labor and environment.
Japan, Mexico and Canada in November expressed interest in joining the talks. Over the past five months, the current members have been discussing the feasibility of bringing the three countries into the negotiations without lowering ambitions for the agreement or allowing the talks to drag on.
Many members of Congress are wary about allowing Japan, the world's third largest economy, into the negotiations.
They have demanded stronger evidence that Tokyo is ready to open its market to more U.S. exports in sectors ranging from agriculture to autos.
After Noda and Obama's news conference, it remained unclear when a decision would be made on the three applicant countries.
The next time the top trade officials from the TPP countries will be together is in early June in Kazan, Russia at the APEC (Asia Pacific Economic Cooperation) trade ministers meeting.
APEC leaders are due to meet in early September in Vladivostok, Russia. That comes right after the U.S. Democratic Party's convention to renominate Obama for president, raising questions whether he will attend the APEC meeting.
Noda, who faces opposition at home to his push to join the TPP talks, said it was important that the United States and Japan work together on creating rules for the region in areas ranging from anti-terrorism and intellectual property rights protection to the oceans and outer space.
"In the economic area, we shall deepen bilateral economic ties and fortify the growth and prosperity of the two countries through the promotion of economic integration in the Asia-Pacific region," Noda said.
"Our countries will work on regional trade and investment rules-making with a view to building FTAAP, or the Free Trade Area of the Asian-Pacific," he added, referring to a longer-term goal of crafting a free trade pact among all 21 APEC members.
That "will advance consultations with a view to participating in the Trans-Pacific Partnership negotiations," Noda said.
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