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The signing of the countries of the Pacific Free Trade Agreement
7/10/2015 0:00
signed the United States, Japan and 10 other countries of the Pacific Rim free trade agreement exciting controversy countries account for about 40 percent of the global economy.
The agreement was signed after five days of talks in Atlanta in the United States after nearly five years of negotiations, has long been agreement to postpone because of negotiations on patented drugs, and among the other countries participating in the Convention: Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, Vietnam.
He said US President Barack Obama said in a statement that the agreement «reflects America's values and gives our workers a fair chance as much success they deserve ».
He added:« when the lives of more than 95 percent of our consumers and potential outside our borders, then it could make countries such as China to write the rules of the global economy ».
He said« we should write these rules, and that the we open new markets for American products at a time lay the high standards for the protection of our workers as well as preservation of our environment ».
For his part, Prime Minister Shinzo Abe told reporters that the agreement represents« a great result for Japan and for the future of the Asia-Pacific region ».
and see Almaedion of the Convention it It may generate billions of dollars of the participating countries, while opponents said it was subjected to negotiate secretly and biased companies. The last round of talks had been postponed as a result of negotiations on time, space allowed for pharmaceutical companies in order to enjoy a period of monopoly drugs Generation
Next. The United States has sought to protect the strength of 12 years to encourage pharmaceutical companies to invest in vital treatments are expensive.
While Australia and New Zealand and a group of public health has expanded to a period of five years to reduce drug costs and the burden on medical programs that enjoy the support of the state.
The agreement was reached center, is that the agreed period of protection it has not yet been confirmed.
During his speech before the press conference was followed by the Convention, praised Michael Foreman, the US Trade Representative, the Convention as the first agreement specifies the period of protection for patents on new drugs, which he said would serve as a «incentives» for companies producing medicines.
The union said the biotechnology industry and the Washington-based: The news of the failure of the agreement to the period of protection of 12 years as the United States sought is something «disappointing».
In response to a question on possible reduction of jobs, as an objection to the Convention points, said the Minister of Canadian Trade Ed Fast : «We do not expect that there will be job cuts. Clearly, there will be sectors have to adapt ».
The FAST that the agreement« for the first time define the rules in the Asia-Pacific region ».
And attracted the attention of Barack Obama, who said earlier that he hoped to address« to trade issues in the Horn of free trade agreement atheist twenty »such as intellectual property protection, and the rights of e-commerce, and the protection of investors.
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