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Opinion

The revised TPP is still a big deal

Agreement provides substantial benefits to companies despite loss of US

| Japan

The Trans-Pacific Partnership trade agreement is moving forward once again. With the endorsement of the leaders of 11 countries, the deal could come into force as soon as next year.

This is not quite the same TPP deal that was in place a year ago. The U.S. is no longer part of it, 20 provisions that largely relate to U.S. negotiating demands have been suspended, and the pact itself has been renamed.

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