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Monday, January 29, 2018

Japan Signals They Will Push Ahead With TPP-11

While signaling Japan will "examine" comments by President Donald Trump to CNBC that he would be open to rejoining the Trans-Pacific Partnership (TPP) agreement if it can be significantly improved, several Japanese officials have commented their focus now is on implementation of the TPP-11 agreement – dubbed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) – first said Deputy Chief Cabinet Secretary Yasutoshi Nishimura. However, he noted, "We will consistently explain to Washington that the TPP will work in favor of the American economy and employment, and urge its return to the deal."