(Elaine Kurtenbach – Associated Press)
Members of a Pacific Rim trade initiative rejected by U.S. President Donald Trump are to hold working-level talks Wednesday in the Japanese mountain resort town of Hakone, west of Tokyo.
The three-day meeting among envoys from the 11 remaining members of the Trans-Pacific Partnership follows a breakthrough last week on a Japan-European Union trade deal seen as a repudiation of the U.S. moves to pull back from such arrangements.
Last week, Japan named a new chief negotiator for TPP talks, Kazuyoshi Umemoto, a former ambassador to Italy. [...]
Other TPP members hope to make progress on an alternative that does not include the U.S. before an Asia-Pacific summit in Vietnam in November. Click here to read more.