"LAHAINA, Hawaii — Trade ministers from a dozen Pacific Rim nations failed to reach a deal on a new trade agreement that would cover nearly 40 percent of the global economy, U.S. Trade Representative Michael Froman said Friday.
Froman, reading from a statement on behalf of all of the ministers, said the parties made significant progress and agreed to continue their discussions.
The countries haven't yet set a date for future talks. Froman said some issues were bilateral in nature, and some will involve groups."
Audrey McAvoy reports for the Associated Press August 1, 2015.
Source: AP, 08/03/2015
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