Japan Looks To Get Trump Back On Board For Asia-Pacific Free Trade
Tokyo sees the TPP, which would have covered 40% of all global trade, as a “gold standard” of trade deals, given its inclusion of provisions not usually found in most trade deals, such as labor standards and governance and transparency standards.
US Exit from Trans-Pacific Partnership Represents Lost Opportunity for Asia
The TPP deal went far beyond existing free trade agreements (FTAs), by setting standards in areas including intellectual property rights, government procurement, environmental and labor conditions, and corruption prevention, in addition to reducing or eliminating tariffs.
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