House of Representatives Passes TPP11
The House of Representatives today passed a bill to ratify the Trans-Pacific Partnership trade pact without the US, so called TPP11 or CP TPP (the Comprehensive and Progressive Agreement for Trans-Pacific Partnership). Since a ratification bill is automatically enacted 30 days after it has been sent to the House of Councillors in Japan, today's approval by the House of Representatives ensured the enactment by the end of the current ordinary Diet session, which is scheduled on 20 June. The 11 member countries, Japan, Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam, signed the agreement in March this year after the US's withdrawal. Japan wishes to follow Mexico to conclude the domestic procedures. For more details, please see the article in the Nikkei Asian Review.