TPP Countries Move Toward Japanese Proposal On Entry Into Force

Trans-Pacific Partnership (TPP) countries are moving toward consensus on a Japanese proposal stipulating that the agreement will enter into force once at least six countries representing 85 percent of the region's economic activity have ratified the deal, according to informed sources. The Japanese proposal would require the six countries -- which would have to include the United States and Japan to surpass the 85 percent threshold -- to ratify the deal within two years after the conclusion of the negotiations,...