Japan to seek early approval of TPP deal

Tokyo, Jan 3 (IANS) The Japanese government is aiming to seek an early approval of an agreement on the Trans-Pacific Partnership (TPP) free trade initiative, the media reported on Sunday.

Japan, the US and 10 other countries reached a broad TPP agreement in October. Preparations are under way for cabinet ministers in charge of the TPP to sign the deal in early February, public broadcaster NHK reported.

A signing ceremony will be held either in the US or New Zealand. New Zealand is in charge of compiling the text of the accord.

After the signing, Japan will seek parliament’s approval of the accord and also submit bills to provide support for farmers.

The 150-day ordinary parliament session begins on Monday.

The government estimates that the TPP accord would raise Japan’s GDP by about 14 trillion yen ($115 billion).

 

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here