Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
US Treasury Secretary Jacob Lew has expressed confidence that an ambitious Asia-Pacific free trade pact under negotiation can be clinched by the end of this year, Lew told reporters in Beijing.
Besides the United States, the pact would include 11 other nations, among them Australia, Japan, Malaysia and Mexico, though it excludes regional powerhouse China as well as Indonesia, Southeast Asia's largest economy.
US President Barack Obama has said he wants to reach an accord by the end of this year on the arrangement, which would encompass more than 40 per cent of the global economy.
Washington has spearheaded negotiations, describing the TPP as creating "gold standards" for the 21st century economy by taking into account fast-changing sectors such as intellectual property.
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