Japan, US feel TPP deal pressure amid US elections
US economic advisers see job, business losses from losing out; business leaders urge govts to quickly ratify the deal
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Tokyo
AMID what appears to be an attempt to present the next United States president with a fait accompli over approval of the controversial Trans-Pacific Partnership (TPP) agreement, a key committee of the Japanese parliament has pushed through a bill ratifying Japan's participation in the proposed 12-nation deal.
The bill passed the lower house (House of Representatives) last Friday despite a walk-out of the session by opposition parties opposed to the TPP. It is expected to be passed also by a plenary session of parliament's lower house early this week before being sent to the upper house or House of Councillors.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts