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Japan Hopes U.S. Returns to TPP But Overhaul Tough: Negotiator

Posted February 23, 2018

Under Economic Issues, International Trade Issues

(Kaori Kaneko & Ami Miyazaki – Reuters)

Japan welcomes a positive stance by the United States toward an Asia-Pacific trade pact, but indicated that altering the agreement at this point would be very difficult.

Japan’s chief negotiator for the Trans-Pacific Partnership (TPP), Kazuyoshi Umemoto, told Reuters that an agreement among the remaining 11 member nations, set to be signed next month, may have had an impact on the United States.

“We have been working, motivated by hopes that the United States would return to the trade pact soon. We welcome it becoming positive toward the TPP,” Umemoto said on Tuesday. Click here to read more.