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Japan's Minister of Economic Revitalization Toshimitsu Motegi, right, and Vietnam's Industry and Trade Minister Tran Tuan Anh shake hands after a news conference at the TPP Ministerial Meeting in Da Nang, Vietnam on Nov. 11.   © Reuters
Economy

TPP aims to set template for future trade deals

Agreement's 11 signatories hope to counter growing protectionist moves

YASU OTA, Nikkei Asian Review Columnist | China

Singapore -- There is an invisible territorial struggle going on in East Asia, a center of global economic growth.

It is a battle not only to achieve freer trade of goods and investment but also to counter protectionist forces seeking to bring digital information, which is now a major source of economic value, under the control of their countries.

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