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

TPP underpins US 'pivot' but is really no big deal

After almost five years of talks, marked by several false starts and repeated missed deadlines, negotiators have finally clinched a deal on the Trans-Pacific Partnership, a free trade deal linking the U.S., Japan and 10 other Asia-Pacific countries -- but conspicuously excluding China.

     In a sense, the negotiations were doomed to succeed. Failure would have been a humiliating setback for the U.S. It would have robbed America's "pivot to Asia" of its most important component, seriously undermining Washington's efforts to strengthen ties with friendly countries in the region and reinforce its strategic presence in the face of China's rise. The geopolitical as well as economic consequences would have been incalculable.

Sponsored Content

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

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

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