<html><head><meta http-equiv="Content-Type" content="text/html charset=utf-8"></head><body style="word-wrap: break-word; -webkit-nbsp-mode: space; -webkit-line-break: after-white-space;" class=""><div class="WordSection1" style="page: WordSection1;"><div style="margin: 0in 0in 0.0001pt; font-family: Calibri, sans-serif;" class=""><b class=""><span style="font-family: 'TimesNewRomanPSMT,Bold', serif; font-size: 14px;" class="">Washington Trade Daily<o:p class=""></o:p></span></b></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-size: 10pt; font-family: TimesNewRomanPSMT, serif;" class="">Volume 25, Number 208 Monday, October 17, 2016<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-size: 10pt; font-family: TimesNewRomanPSMT, serif;" class=""><br class=""></span></div><div style="margin: 0in 0in 0.0001pt;" class=""><div style="margin: 0px 0px 0px 6px;" class=""><font face="Helvetica Neue" size="4" class=""><b class="">Ptritzker: Concessions to get TPP votes</b></font></div></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-size: 10pt; font-family: TimesNewRomanPSMT, serif;" class=""> </span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">The Administration is working on some “potential concessions” that might help to get the<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">TransPacific Partnership approved by Congress in the post-election “lame duck” session, Commerce<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">Secretary Penny Pritzker said Friday (WTD, 10/14/16). Speaking to the Pacific Council on<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">International Policy in Los Angeles, Ms. Pritzker said the Administration remains “absolutely<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">committed” to approval of the agreement.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class=""> </span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">In particular, the Administration is working to make sure the US pharmaceutical industry is<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">comfortable with the level of intellectual property protection in the agreement for biologics, she said.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">There will be no renegotiation of the agreement, she added.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class=""> </span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">Ms. Pritzker said US leadership is at stake. Washington led the negotiations, insisting on high<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">standards, she said. If the United States fails to follow through on the TPP after the 11 other countries<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">made major concessions to get a deal, they will turn elsewhere for leadership.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">Supporters need to talk about the economic and national security benefits of the deal, she said.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">The Administration’s strong record on trade enforcement also should to help assuage concerns about the<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">TPP, she said.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class=""> </span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">In a race against time, Japan’s economy minister called for early ratification of the Trans-Pacific<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">Partnership free-trade agreement on Oct. 14, kicking off debate on the centerpiece issue of the current<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">Diet session, the Asahi Shimbun reported (WTD, 10/14/16). “It is important for Japan to take the<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">initiative and lead the United States in efforts to put the deal into force as soon as possible,” Nobuteru<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">Ishihara said at the Lower House’s Special Committee.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class=""> </span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">The government and the ruling coalition of the Liberal Democratic Party and Komeito want the<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">Lower House to pass legislation on approving the TPP by Nov. 8, the date of the U.S. presidential<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">election. The early passage is intended to put pressure on Washington to ratify the TPP, one of the<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">world’s most ambitious trade pact involving 12 nations, while President Barack Obama is still in office.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">Both Hillary Clinton and Donald Trump, the two main contenders for the White House, have expressed<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">opposition to the pact.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class=""> </span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">Early ratification of the TPP would also give the government of Prime Minister Shinzo Abe a<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">reason to reject a possible U.S. request to renegotiate the trade pact under the newly-elected president,<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">sources said. However, the main opposition Democratic Party objected to the government’s move to<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">start discussions so soon in the Diet session. “We should not debate it before the United States decides its<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">policy toward the TPP following the presidential election,” said Hiroshi Ogushi, chief of the party’s<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">Policy Research Committee.<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class=""> </span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">Although the LDP tried to meet the opposition party halfway by suggesting Diet discussions<o:p class=""></o:p></span></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><span style="font-family: CalistoMT, serif;" class="">could start on Oct. 17, several officials said the government insisted on beginning the debate on Oct. 14.</span><o:p class=""></o:p></div><div style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;" class=""><o:p class=""> </o:p></div><div class=""><o:p class=""><br class=""></o:p></div></div></body></html>