ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Japan's Economy Minister Toshimitsu Motegi, right, and Vietnam's Industry and Trade Minister Tran Tuan Anh shake hands at a press conference announcing an agreement in principle for the Trans-Pacific Partnership trade deal in Danang, Vietnam on Nov. 11.   © Reuters

TPP nations reignite multilateral trade hopes as Trump looks on

11-nation agreement could have knock-on effects on future trade deals

SHOTARO TANI, Nikkei staff writer | China

DANANG, Vietnam -- Japan's Economy Minister Toshimitsu Motegi echoed the firm intention among the Trans-Pacific Partnership nations to reignite the flame of multilateral trade at a press conference on Nov. 11.

"During the four months of [TPP 11] negotiations, we saw many times the member states clashing over details," he said, after ministers from the 11 participating countries finally reached an agreement in principle on a renegotiated version of the trade pact. "[But] we all shared the determination of establishing a free and fair, 21st century-rule in Asia-Pacific, the center of global growth, and that is why we have been able to reach an agreement."

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