U.S.-Japan talks aimed at a trade deal seen as vital to a broader regional pact are in stalemate, Japan's economy minister said, as negotiators struggle to narrow gaps ahead of a summit between the countries' leaders.
A U.S.-Japan agreement is critical to the U.S.-led Trans-Pacific Partnership (TPP), a 12-nation grouping that would stretch from Asia to Latin America. The TPP is central to U.S. President Barack Obama's policy of expanding America's presence in Asia.
Japanese Prime Minister Shinzo Abe, for his part, has touted the TPP as a main element of his strategy to reform the world's third largest economy and generate sustainable growth.
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The two leaders are keen to show progress, if not clinch a deal, in time for their April 24 summit in Tokyo.