Web Special: Nations wrap up round of free trade talks in Asia Pacific region

(extended version)

Today wraps up an early round of free trade negotiations in Melbourne, Australia. Eight countries are working toward a deal that would cover the Asia Pacific region. The Transpacific Partnership Trade deal would impact 470 million people in the eight countries with a combined GDP of around $16 trillion. Those countries are Australia, Peru, Vietnam, Chile, Singapore, New Zealand and Brunei. Also joining the talks is the United States – in what could be the first trade agreement of the Obama Administration.

We’re joined by Lori Wallach. She’s the director of Public Citizen's Global Trade Watch division, a nongovernmental organization based in Washington DC.