Trans-Pacific Partnership at Critical Juncture in Japan

As Prime Minister Abe and President Obama meet this week, shippers may expect to hear mainstream media reports of opposition to the pending Trans-Pacific Partnership (TPP) agreement. But free trade advocates in both countries maintain that this an opportunity that may not surface again.

By ·

As Prime Minister Abe and President Obama meet this week, shippers may expect to hear mainstream media reports of opposition to the pending Trans-Pacific Partnership (TPP) agreement.  But free trade advocates in both countries maintain that this an opportunity that may not surface again.

The U.S. Chamber of Commerce, Keidanren, the U.S.-Japan Business Council (USJBC) and Japan-U.S. Business Council (JUBC) say that renewed focus, vigor and purpose is critical at this time in the negotiations. 
“Failure to do so,” says the trade alliance, “runs the risk that the TPP will founder.” 

For a high-standard agreement such as TPP, full market access is a core principle for all members.  For Japan, it is essential to meet the commitment made to the United States and other TPP members upon admission into the TPP in April 2013 to subject all goods to negotiation, including agricultural products, with the goal of eliminating tariff and non-tariff barriers on all.

For the United States, it is important to indicate a similar commitment to provide market access on industrial and agricultural goods.  There are ways for both countries to manage commitments on sensitive issues flexibly, but fully in line with this principle.

Shippers in the U.S. and Japan stand to gain substantially from the establishment of high standard rules in areas such as intellectual property protection, investment, SOEs, digital commerce, regulatory coherence and transparency. 

Without strong market access offers from Japan and the United States, however, other negotiating countries will be much less likely to open their markets or agree to rules that will benefit Japanese and American companies and both economies more broadly in the years ahead. 


About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at pburnson@peerlessmedia.com.

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

All Topics
Latest Whitepaper
Supplier Relationship Micro Management
Optimizing Across Six Guiding Principles
Download Today!
From the July 2017 Logistics Management Issue
E-commerce continues to fuel a boom that’s tempered by overcapacity, rate pressures, sluggish demand and political doubt. The result: “cognitive dissonance” that finds a $1.4 trillion market scratching its head.
2017 Truckload Brokerage Roundtable: Technology continues to connect the dots
Cloud Transportation Management Systems (TMS): Weis Markets streamlines “both sides” of the DC door
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Women in Logistics: Breaking Gender Roles to Win the War for Talent
In this session you'll hear from a panel of women who are now leading top-level logistics and supply chain operations. The panel will share their success stories as well as advice for women who are now making their way up the ladder.
Register Today!
EDITORS' PICKS
28th Annual State of Logistics: Into the great unknown
E-commerce continues to fuel a boom that’s tempered by overcapacity, rate pressures, sluggish...
2017 Top 50 3PLs: Investment and Consolidation Maintain Traction
The trend set over the past few years for mergers and acquisitions has hardly subsided, and a fresh...

The Evolution of the Digital Supply Chain
Everyone is talking about terms like digitization, Industry 4.0 and digital supply chain management,...
2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...