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Monday, October 5th

Trans-Pacific Partnership: ‘50/50’ chance of trade deal today as negotiators lock horns over medical patent protection “Pacific nation ministers and negotiators are scrambling to lock in a major Pacific trade deal, as talks come to a head in the US city of Atlanta. Negotiations over the 12-country Trans-Pacific Partnership, which would cover 40% of the global economy, are continuing into another night after five days of marathon talks. A ministerial press conference was originally scheduled for this morning, Australian time, as reports emerged of a deal between Australia and the United States on intellectual property rules for new-generation medicines. Australia’s refusal to concede ground to the US on so-called ‘biologics’ has held up talks for days.”