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Economy

The 'TPP 11' is signed, and ready to welcome more members

Despite America's withdrawal, the trade deal is set to reshape how business is done all over the Pacific

The rules hammered in the TPP-11 free trade agreement signed on March 8 are at risk of not keeping pace with fast-moving developments in worlds of technology and business.   © Reuters
RYOHEI YASOSHIMA and JUN YAMAZAKI, Nikkei staff writers | China

SANTIAGO,Chile The revised Trans-Pacific Partnership trade pact was signed on March 8 in Chile's capital. The deal is positioned to serve as a critical bastion against the U.S. administration's protectionist policies as the pact is set to take effect this year, and welcome new members soon.

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