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Japan's Aso says he would welcome U.S. taking fresh look at TPP

Reuters  |  TOKYO 

By Kajimoto

TOKYO (Reuters) - Japanese said on Friday he would welcome a decision by the to explore rejoining the (TPP), following that wanted to take a fresh look at the trade pact.

"If it's true, I would welcome it," he told reporters after a cabinet meeting.

Aso said he expected and Trump to discuss the TPP at their summit meeting next week.

But he added that needed to verify facts carefully.

Trump "is a person who could change temperamentally, so he may say something different the next day", he added.

Trump had asked his trade advisers to look at rejoining TPP, a multinational trade pact he withdrew the from last year, said.

The took part in TPP negotiations under Trump's predecessor but the withdrew the United States from it early last year under his "America First" policy, raising fears of trade protectionism.

"After the U.S. withdrawal, Japan, recognising the significance of free trade, has led the initiative in pulling together the TPP 11," Aso said, referring to the other members of the pact.

"Our efforts have borne fruit if the United States judged it would be better to rejoin," he said.

(Reporting by Kajimoto; Editing by Chris Gallagher, Robert Birsel)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Fri, April 13 2018. 13:11 IST