ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Trade war

Japan rings in the year of mega free trade

TPP-11 zone covers a big chunk of global GDP -- but not US and China

A ship leaves a port in Indonesia, which has indicated interest in joining the Trans-Pacific Partnership trade agreement.   © Reuters

TOKYO -- The Dec. 30 implementation of the 11-member Trans-Pacific Partnership trade pact ushers in a new era with nearly 40% of global gross domestic product under multilateral free trade agreements, standing in sharp contrast to the trade war in which America and China are mired.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more