The latest round of negotiations for the Trans-Pacific Partnership trade agreement has attracted lobbyists from multinational corporations and trade groups looking to shape the pact’s language, The Washington Post reported Monday.
Catherine Ho writes at least 185 enterprises and industry coalitions have lobbied on the agreement, which seeks to ease trade barriers and open market opportunities for foreign investors.
Catherine Mellor, the U.S. Chamber of Commerce’s director for Asia, told the Post chamber representatives traveled to Lima, Peru, last week to meet with trade negotiators.
Ho reports corporations are specifically interested in the language concerning intellectual rights protection overseas.
President Obama said during his January State of the Union address that his administration plans to wrap up negotiations this year.