The Japanese Diet on June 13 enacted a law to ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), moving a step closer to complete domestic procedures, according to Kyodo news.
The Trans-Pacific Partnership agreement, whose fate seems uncertain after the US’ withdrawal, will certainly continue in another form, the Vietnam Chamber of Commerce and Industry (VCCI) has said.
The US withdrawal from the Trans-Pacific Partnership is likely to help the Regional Comprehensive Economic Partnership wrap up faster than expected, said Thai Deputy Prime Minister Somkid Jatusripitak
The Japanese Government plans to form a new cross-ministry unit to handle all free trade negotiations following the US withdrawal from the Trans-Pacific Partnership, reported Kyodo News on Jan. 25.