Administration acquiesces on environment in trade talks

The Obama administration is relaxing its demands that a major international trade pact include strong global protections for the environment, The New York Times reports.

Negotiators are close to wrapping up talks in support of the 12-nation Trans-Pacific Partnership. But the talks “have exposed deep rifts over environmental policy between the United States and 11 other Pacific Rim nations,” the Times’ Coral Davenport writes, citing documents obtained by WikiLeaks and people close to the negotiations.

“As it stands now, the documents, viewed by The New York Times, show that the disputes could undo key global environmental protections,” Davenport writes.

Reportedly in jeopardy are mandatory pollution control requirements, logging regulations and a ban on harvesting sharks’ fins.

Check out the complete New York Times Story here.