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Minister Motegi says TPP to take effect early next year at the latest

  • October 30, 2018
  • , NHK digital
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NHK reported online that Minister of Economic Revitalization Motegi told reporters this morning that six nations are expected to complete their domestic procedures for the 11-member TPP soon and it has become certain that the trans-Pacific trade deal will take effect early next year at the latest. Motegi reportedly said: “Five nations have completed their procedures and Australia only needs to finish the paperwork. It has become almost certain that the effectuation of the TPP11 will take place as early as the end of this year or the beginning of next year at the latest.” The network added that after the six nations have completed their domestic procedures, the GOJ is planning to host a chief negotiators’ meeting as early as next month to prepare for the effectuation of the trade pact. 

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