TPP impasse

Breakthrough needed by end of month

Ministers from 12 nations negotiating a Pacific Rim trade pact hold a news conference in Lahaina, Hawaii on July 31. © AP

MASAKUNI OSHIRABE, Nikkei staff writer

LAHAINA, Hawaii -- Japan, the U.S. and other Pacific Rim nations negotiating a trade and investment pact have managed to propose holding another ministerial meeting in late August in a desperate attempt to keep a deal from collapsing. But there apparently isn't even an agreement on that.