Continuing disagreements over the Trans Pacific Partnership (TPP) trade deal ditched by U.S. President Donald Trump mean 11 remaining members may not be ready to give it a wholehearted go-ahead at a summit this week, officials said on Wednesday.
Clear agreement on proceeding without the United States would be a boost for the principle of multilateral free trade pacts over the bilateral deal-making that Trump argues will give a better result for American workers.
The TPP is also a counterweight to China’s growing regional dominance. Japan has been lobbying hard for agreement on the sidelines of this week’s Asia-Pacific Economic Cooperation (APEC) summit in Vietnam. Click here to read more.