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    Demonstrators protest against the legislation to give US President Barack Obama fast-track authority to advance trade deals, including the Trans-Pacific Partnership (TPP)

    TPP Trade Deal Compromise to Fail at National Level - Economist

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    Concessions reached in a "toxic" trade pact currently in negotiations between the United States and 11 Pacific Rim countries, known as the Trans-Pacific Partnership (TPP), could prevent member states who are party to the treaty from final ratification, a World Trade Organization (WTO) Public Forum panelist told Sputnik on Friday.

    GENEVA (Sputnik), Anastasia Levchenko – Trade ministers of TPP negotiators held a new round of talks in the southeast US city of Atlanta on Wednesday and Thursday. The sides are said to have been unable to come to an agreement over market access to drugs, auto parts and dairy products, and have extended the talks to Saturday.

    "Compromises that need to be made to conclude the agreement may not work in the domestic political systems," Adam Hersh, a senior economist at the Roosevelt Institute think-tank, said.

    Speaking with Sputnik on the last day of the "Trade Works" WTO Public Forum in Geneva, Switzerland, Hersh projected that even after TPP’s imminent completion, the 12 nations must still start "another set of negotiations."

    Washington aims to smooth remaining issues seen to be standing in the way of TPP. The trade deal is a wide-ranging agreement being negotiated in unusual secrecy.

    US President Barack Obama expressed confidence in being able to complete the hotly-debated deal by the end of 2015.

    Labor unions and watchdogs have slammed the TPP over the secretive nature of negotiations, its implications for workers’ rights, employment relations and the environment.


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