Wednesday, June 5th 2013 - 08:37 UTC

Obama and Piñera in the White House renew push for a trans-Pacific trade agreement

US President Barack Obama and Chilean President Sebastian Piñera renewed their push for a trans-Pacific trade agreement at a meeting in the White House Oval Office on Tuesday that also touched on education and renewable energy.

Piñera 'playing' US president at Obama's desk in the Oval Office

Chile is “fully committed” to negotiating the Trans-Pacific Partnership and creating the world’s largest free-trade zone, Piñera said. Close economic ties with the U.S. benefit Chile. “We are very optimistic that the U.S. economy’s picking up,” he said, calling it good “for the whole world.”

“Chile has been on a remarkable growth trajectory,” Obama told reporters after the meeting, which included discussions of a visa-waiver program.

Obama praised the ‘extraordinarily strong’ bilateral relation with Chile and stated that the country has become “a leader in the continent and in the world” with a clear “commitment to democracy and human rights”.

Vice President Joe Biden also attended the private session, which took place as the U.S., Chile and nine other nations are negotiating the Pacific trade agreement. The governments in the talks invited Japan in April to join.

If Japan decides to participate, “that will have an impact on timing” for a deal, Piñera said today after a luncheon speech at the National Press Club in Washington. “It will take some more time, but I think it’s worthwhile” to include Japan, the world’s third-largest economy, he said.

The TPP nations aim to reach agreement by the end of the year, Piñera said. The parties are still trying to resolve differences on issues including intellectual property and labor and environmental standards, he said, without elaborating.

Chile has a free-trade agreement with the U.S. It’s also a member of a regional trading bloc, known as the Pacific Alliance, with Colombia, Mexico and Peru. The Trans-Pacific Partnership would create a trading region with about 26.4 trillion dollars in annual economic output with Japan’s inclusion.

The TPP group includes Australia, Brunei, Canada, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. China also may consider joining, according to its Ministry of Commerce. The U.S. is seeking broad participation from economies in the Asia-Pacific Economic Cooperation forum. Obama is set to meet with Peru’s President Ollanta Humala on June 11.

The U.S. last year had a surplus of 9.4 billion dollars in trade in goods with Chile, a 36% increase from 2011, according to U.S. Commerce Department data.

Chile exported 9.4 billion in goods to the U.S. last year and since the free-trade agreement with the U.S. went into effect in 2004, trade increased 153% during the period.

Piñera previous to the US visited Canada, multilateral organizations in Washington and on Tuesday left for El Salvador and Panama the last leg of his trip.
 

17 comments Feed

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1 JoseAngeldeMonterrey (#) Jun 05th, 2013 - 09:50 am Report abuse
The Trans-Pacific Trade Agreement is the most ambitious free trade agreement ever. While countries in America sign free-trade agreements to guarantee fair commercial practices and more mutual prosperity, desperately China tries to exert its influence through expenditures on superficially yet mediatically calculated investments in Latin American nations. They are trying to change their image as a predatory, parasite economy that is living off its trade partners by continually seeking huge trade imbalances in their favor.

They are touring the region now, visiting Costa Rica, Mexico and other countries, because they see that now there are regional and world wide efforts to protect from unfair trade practices from China and other countries by signing free-trade agreements such as the Pacific Alliance and the Trans-Pacific Trade Partnership. These free trade agreements are killing the very nature of China´s unfair trade practices, currency manipulation and cheating. Already Mexican products are displacing chinese goods in many markets, textiles from Central America are also competing ferociously to Chinese textile industries, the tide is changing. China´s a giant with clay feet and free, fair trade is poison for them.
2 Chicureo (#) Jun 05th, 2013 - 11:19 am Report abuse
The key is free and FAIR trade. Nice post.
3 Heisenbergcontext (#) Jun 05th, 2013 - 11:26 am Report abuse
1&2:
Agreed.
4 ElaineB (#) Jun 05th, 2013 - 11:30 am Report abuse
“Obama praised the ‘extraordinarily strong’ bilateral relation with Chile and stated that the country has become “a leader in the continent and in the world” with a clear “commitment to democracy and human rights”.”

Absolutely!
5 andy65 (#) Jun 05th, 2013 - 06:11 pm Report abuse
I wonder what kind words they said about Crissy in private
6 Fido Dido (#) Jun 05th, 2013 - 06:34 pm Report abuse
oh how nice, a bogus free trader corporate male prostitute (politician that represent the corporations) and foreigner in charge of the US...oh how wonderful. Gee, who is better: Obumbo (the sell out) or a foreigner and suck up to obama with the same ideas...gee.
7 Captain Poppy (#) Jun 05th, 2013 - 08:35 pm Report abuse
Another brilliant post by the ficking dildo. How do you come up with such brilliant nothings all the time? Do you roll around in your cranium filled with jealousy of dispair?
When you have nothing to say.......wel....then say nothing.
You jealousy and envy of Chile is really..........sad.
Please.....come back very soon to post nothing once again. We all wait with tense anticpation to hear what nobodies and never was' have to say.
8 ChrisR (#) Jun 05th, 2013 - 10:00 pm Report abuse
7 Captain Poppy

But Dildo lives in the USA: until his visitors visa expires then he has to leave the country to 'reset' it to come back in.

He reminds me of all the argie trolls who bad mouth the very country they are living in because they don't want / can't make it in The Dark Country.

Twat or what?
9 Fido Dido (#) Jun 05th, 2013 - 11:59 pm Report abuse
both retards and obsessed twats taken by dildo', need to understand that I have a permanent green card (not a visa) which is easy to renew.

I remind you of all the argie trolls? Wow, they really keep you “sleepless”..loser.

Buritohead Josemonterry and his “NAFTA bogus free trade...oh yeah, El Mehico is such a wonderful story thanks to ”free trade”..
Take your time and listen what el Mehico really about is and why it's only getting worse:
youtu.be/KuPgo_1e3AQ
10 Ernie4001 (#) Jun 06th, 2013 - 12:12 am Report abuse
In Chile, unlike other countries of the region, the guys don´t need a green card. That says more than anything.
11 Captain Poppy (#) Jun 06th, 2013 - 12:35 am Report abuse
The mighty ficking dildo grows erect and swings a major nothing once again. My god.......how does it do it....time after time of lame ass posts of nothingness, followed by the occasional dumbass utube, rambling about a green card, which only means you are still an unwanted.
Conqueror thinks of you as a dog....fido......I like the dildo because you always seem to be up your ass because you are a jealous poodle . Did it take you long to think up the name dildo? Was it a dog or ass you in your head when you arrived at the name?
12 Ayayay (#) Jun 06th, 2013 - 01:35 am Report abuse
Dido, people are DYING to take your place. Give up your green card, and go hyowme.

Yeay Obama, he's really working on behalf of everyone.
13 JoseAngeldeMonterrey (#) Jun 06th, 2013 - 03:45 am Report abuse
The Trans-Pacific Free-Trade and the Pacific Alliance agreements are thriving in a world where the WTO has become irrelevant. Because free trade has to come with rules, with fair trade practices guaranteeing real, actual access to markets and where unfair, selfish states seeking trade surpluses by manipulating currencies and closing their markets at all costs have no place.

it´s the very reason why China´s leaders are touring the region: China does not want to join the Trans-Pacific Agreement, because it will force them to open their market to severe competition from Chile, Mexico, Central America, Canada, Vietnam, Australia and many other countries in the region.

China´s trade surpluses will be corrected.
14 Clyde15 (#) Jun 06th, 2013 - 11:42 am Report abuse
#6
“foreigner in charge of the US” ?
However dubiously acquired, Hawaii is a state in the good old USA.
Explain your remark and what is it to you anyway.
15 Captain Poppy (#) Jun 06th, 2013 - 03:49 pm Report abuse
The dildo must be a republican, teabagger or other conservative. They are called “Birthers”. They are the only ones that believe he is a foreigner because dad was a Kenyan. What they do not understand is that no matter what they say, mom is an American and wherever he was born, just like the military stationed overseas, he was born American because mom is an American.
16 reality check (#) Jun 06th, 2013 - 05:30 pm Report abuse
Wonder if Obama is going to get a cheque from the UK for their latest apology!
17 ManRod (#) Jun 07th, 2013 - 12:33 am Report abuse
Fido Dido has got blood on his eyes, since Lan Chile TOOK OVER his mighty brazilian TAM. He thinks that being racist and calling us “indians” is going to make us sad or angry...lol. We are lucky indians, who teach his 3rd-class mercosur-semi-europeans how to do business xP

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