Japan scouts more Asian players for TPP to cut China dependence

Thailand targeted as next member, with talks to start in August

20200320N Bangkok skyline

Thailand could be the first new country to join the Trans-Pacific Partnership as early as in 2021. © Reuters

RINTARO TOBITA, Nikkei staff writer

TOKYO -- Japan will make a fresh attempt to expand the Trans-Pacific Partnership trade pact to include more Asian economies, such as Thailand, Taiwan, Indonesia and the Philippines, after the new coronavirus exposed the risks of supply chains overly dependent on China.

First up will be Thailand, a key production hub for many Japanese automakers. The country is expected to announce as early as April its intent to join the TPP.

Sponsored Content

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