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Economy

TPP minus US to be discussed in May: Japan deputy PM Aso

Vietnam and others are likely to push for changes to the trade pact

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Japan's Deputy Prime Minister Taro Aso speaks at Columbia Business School in New York April 19.   © Reuters

NEW YORK -- The participants in the Trans-Pacific Partnership agreement, minus the U.S., will begin talks on implementing the free trade deal in May, Japan's Deputy Prime Minister Taro Aso said in a speech in New York on Wednesday.

The TPP's 11 remaining member nations will start negotiations "over putting the deal into effect, without the world's largest economy, at the Asia-Pacific Economic Cooperation meeting in May," Aso said. The talks will be held in conjunction with APEC's meeting of trade ministers in Hanoi in mid- to late-May.

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