Japan’s Abe says reaching outline agreement on TPP was great step forward

Japanese PM Abe speaking in Manila 14 Nov

  • want to bring TPP 11 into effect asap
  • Japanese business delegation to head to China next week
  • not at all concerned about US commitment to the region

Trump was quick to jettison TPP involvement but it’s still a deal of note in theory when completed.
TPP-11  now covers about 14% of the world by GDP, namely Brunei, Japan, Malaysia, Singapore and Vietnam in Asia; Australia and New Zealand in Oceania; and Canada, Chile, Mexico and Peru in the Americas.
Reuters has more background story here
Meanwhile USDJPY drifting back further on general USD supply.

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