REUTERS: Obama seeks to convince Asian partners that Washington will approve TPP

09/06/2016

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admin-wita

September 5, 2016

U.S. President Barack Obama said on Monday that U.S. trading partners in Asia did not need to be persuaded of the benefits of the Trans-Pacific Partnership, just that Washington would eventually approve the trade pact.

Obama has made the 12-nation TPP the centerpiece of a diplomatic “pivot” to Asia, but the prospects for U.S. congressional approval have looked increasingly dim, with both major presidential candidates – Democrat Hillary Clinton and Republican Donald Trump – standing opposed.

Administration officials had said that Obama would make the case for the TPP during his visit to Asia, including in a speech he has scheduled in Laos on Tuesday.

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