TPP's remaining members ease path for trade deal

Approval by countries with majority of GDP no longer required to take effect

0223N TPP11

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.

Nikkei staff writers

TOKYO -- The 11-member Trans-Pacific Partnership trade pact has looser provisions for full implementation than in the original version, according to the final text released Wednesday.

For the so-called TPP-11 to go into force, at least six countries, or half the signatories, whichever is fewer, would need to ratify the document. The deal takes effect 60 days after that point.

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