Chairman Nakamura’s Comments on the Passing of
Legislation Related to TPP-11

June 29, 2018

We welcome the passing of the legislation related to TPP-11.

Japan has demonstrated initiative in coordinating the TPP-11, and its prompt completion of internal participation procedures will encourage ratification procedures by other signatory countries, contributing to the TPP-11 rapidly going into effect.

Protectionism is on the rise around the world. The birth of a new, massive free trade area will contribute to the maintenance and expansion of free trade systems and the sound development of the global economy.

We look forward to the TPP-11 and the Japan-EU EPA rapidly going into effect, and the reaching of an agreement in RCEP negotiations, as well as the expansion of free, fair, comprehensive, and progressive high-level trade and investment rules that they will bring about.