Abe and Obama Seek Early Conclusion to TPP

Japanese Prime Minister Shinzo Abe and U.S. President Barack Obama on Thursday confirmed their cooperation in seeking an early conclusion of a Pacific trade pact, the Japanese Foreign Ministry said.

During their brief talks on the sidelines of a Group of Seven summit in Brussels, the two leaders agreed to promote cooperation in achieving a comprehensive, ambitious and high-level Trans-Pacific Partnership deal, the ministry said.

On North Korea, Abe briefed Obama about Pyongyang’s recent pledge to launch a reinvestigation into the fate of Japanese nationals it abducted decades ago, the ministry said.

The two leaders also agreed to continue working together on issues concerning North Korea.

via Mainichi

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza