You are here: Home » PTI Stories » National » News
Business Standard

Japan says Pacific Rim pact offers best trade deals

AP  |  Tokyo 

Japanese officials are indicating they intend to pursue the Trans-Pacific Partnership trade pact despite the US withdrawal from the agreement.

In comments reported by the national broadcaster NHK today, Deputy Prime Minister Taro Aso said he believed the TPP trade talks would offer greater advantages to than bilateral negotiations with the US.

Aso made the comments at a conference in New York City. The remarks appeared to allude to US Vice President Mike Pence's comments, after meeting Aso in Tokyo earlier this week, that the US considered the TPP a "thing of the past."

Pence said the Trump administration believed that only bilateral trade negotiations would yield "win-win" outcomes. Foreign Minister Fumio Kishida, told lawmakers today that would focus on what's best for its own interests.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, April 20 2017. 16:22 IST