TPP comes off life support, final US 'fast-track' approval possible next week

Fri, 19 Jun 2015

By Pattrick Smellie June 19 (BusinessDesk) - The fate of the Trans-Pacific Partnership trade and investment pact may be known as early as next Wednesday, US time, after a vote in the US Congress last night endorsed the elusive 'fast-track authority' that President Barack Obama needs if the 12 nation negotiation is to be concluded successfully. However, the next few days will be a "swirling mass", says New Zealand Trade Minister Tim Groser, who concedes that even if a Senate vote, probably as early as next Wednesday, confirms 'fast-track',...

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