Policy · Trade policy
Japan's Diet approves the TPP after Trump says the US will leave
- From
- Government of Japan (Diet) (Tokyo)
- Covers
- Trans-Pacific Partnership (12 countries, including the US), Pacific Rim (12 countries)
- Value
- Not disclosed
- Status
- Approved by the Diet on December 9, 2016. Japan notified completion of its domestic procedures on January 20, 2017.
- Date
- 2016-12-09
Japan's Diet approved the Trans-Pacific Partnership and related laws. The vote came after President-elect Donald Trump said the US would leave the agreement. Japan notified the other members on January 20, 2017, that it had completed its domestic procedures. The date of the Diet vote is based on a media report.
Why it matters
Japan completed ratification even though the US was set to withdraw, keeping the agreement available as a basis for a later pact without the US.
Sources
Kakehashi M&A News home