The Trans-Pacific Partnership: A Japanese Perspective

Kayo Matsumoto
October 26, 2016

Sasakawa USA Forum Issue No. 5

The Trans-Pacific Partnership

Japan’s Possible Early Ratification and Implications for the United States

The “Abenomics Acceleration Diet” opened in September with passage of the TPP as one of their goals. Will TPP be ratified in this Diet session? It is difficult to predict, but the Abe administration has made TPP and passage of its implementing bills a high priority. The Diet debate will surely be heated, and among the contentious issues will not only be TPP’s impact on Japan and its agriculture industry but also the status of ratification in the United States. Despite opposition arguments, there are a number of reasons to believe that the Abe administration will push aggressively for early approval from the Diet. TPP’s sheer enormity, potential to create predictable business opportunities in the Asia-Pacific, likely accelerating effect on other FTAs in the region, role in bolstering Japan’s place in regional security, and disastrous consequences in the event of failure all make its passage desirable to Japan.

 

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About the author

Kayo Matsumoto formerly served as an associate professor at Meiji University and former official in the Government of Japan. The views expressed in this article are hers alone and do not reflect those of any of the organizations with which she has been affiliated.

 

About the Sasakawa USA Forum

This paper serves as Issue No. 5 of the Sasakawa USA Forum, a platform for research and analysis related to Japan and U.S.-Japan relations in a bilateral, regional, and global context. In order to gain a more comprehensive view of U.S.-Japan relations, the Sasakawa USA Forum publishes research from experts outside of our organization. Click here for details on how to submit research for consideration.

 

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