Japan Drafts Thailand to Sell Trump on Rejoining TPP

Posted April 26, 2018

Under Economic Issues, International Trade Issues

(Nikkei Asian Review)

Japan’s point man on the Trans-Pacific Partnership will visit Thailand in early May as the Southeast Asian nation looks to join the sweeping trade pact, with Tokyo hoping that fresh entrants will help bring the U.S. back on board.

The Thai government said in March that it wants to become a TPP member. Toshimitsu Motegi, Japan’s economic and fiscal policy minister, aims to create momentum for Bangkok’s entry by meeting with Thai officials including Somkid Jatusripitak, the deputy prime minister in charge of economic issues.

Japan and 10 other nations last month inked a version of the TPP that was revamped to function without the U.S., which withdrew from the pact in January 2017. Adding Thailand, a powerhouse for manufacturing in the Association of Southeast Asian Nations, would give other interested countries such as the Philippines and Indonesia all the more reason to follow suit. Click here to read more.