City
Epaper

Under Xi Jinping, China will not be able to join Trans-Pacific Partnership FTA, says Japan PM

By ANI | Updated: January 3, 2021 22:40 IST

Japanese Prime Minister Suga Yoshihide on Sunday said that as long China has its current regime, Beijing will not be able to join the Trans-Pacific Partnership (TPP) free-trade agreement.

Open in App

Japanese Prime Minister Suga Yoshihide on Sunday said that as long China has its current regime, Beijing will not be able to join the Trans-Pacific Partnership (TPP) free-trade agreement.

NHK World quoted the President telling a commercial broadcaster's radio programme that he believes countries where businesses are run by the state will find it difficult to join the TPP because its regulations are set at levels that are too high for such a business structure to follow.

He was responding to Xi Jinping's recent remarks that China "is positive about joining the pact".

Nikkei Asia Review had reported Xi as saying on November 20 that China is open to joining the Trans-Pacific Partnership trade pact, in a likely move to bolster the country's presence in Asia while the US focuses on its presidential transition.

China "will favorably consider joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership," the Chinese President added.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

TechnologySecurities firms set to further rise on increased turnover, friendly policies

BusinessSecurities firms set to further rise on increased turnover, friendly policies

EntertainmentAnkita Lokhande dons saree from Pavitra Rishta highlight episode, promises to gift it to fans

EntertainmentSonam Kapoor wishes Vayu’s ‘favourite storyteller, funnest uncle’ Karan Boolani on b’day

EntertainmentBig B tells homemakers to take pride: Managing a home is no easy task

International Realted Stories

International"Your strength, bravery, sacrifice inspire us": Melania Trump on 250th anniversary celebrations of US Navy

InternationalGive up Gaza or face "complete obliteration": Trump warns Hamas

InternationalSyria concludes first election since fall of Assad regime

InternationalTexas Fire: Massive Blaze Erupts at Motel 9 University in Austin (Watch Video)

InternationalYemen's Houthis launch drone attack on Israel's resort city Eilat: Israeli army