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TPP11 Agreement Concluded

On March 9 (local time: March 8), 2018, representatives from 11 participating countries, including Japan, signed the Comprehensive and Progressive Agreement for Transpacific Partnership (TPP11) in Santiago, Chile.

The agreement aims to achieve free and fair high-level trade rules across the Asia-Pacific region as well as establish a new economic order appropriate for the 21st century. Japan will lead the partnership as a frontrunner of free trade and demonstrate its commitment to sound economic rulemaking in the international system.

The agreement stipulates not only measures toward reducing or eliminating tariffs but also covers a broad range of fields, including investment, services, intellectual property, state-run enterprises and e-commerce. The agreement is expected to contribute to serving as a foundation to creating sophisticated value chains of Japanese companies, and to significantly contribute to the growth of Japanese industries.

Release date

March 9, 2018

Division in Charge

Economic Partnership Division, Trade Policy Bureau

Related website

Ministry of Economy, Trade and Industry1-3-1 Kasumigaseki, Chiyoda-ku, Tokyo 100-8901, Japan Tel: +81-(0)3-3501-1511
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