Debate on approval of the Trans-Pacific Partnership (TPP) opened this week in the lower house of Japan’s Parliament. Prime Minister Shinzo Abe is advocating a TPP legislative package that he wants approved in this parliamentary session, which is scheduled to conclude June 1. As expected, TPP opponents argued that the agreement will adversely impact Japan’s agricultural producers, focusing specifically on beef, pork, rice and sugar.
On a related note, the Office of the U.S. Trade Representative has submitted its report to Congress listing the statutory changes necessary for the United States to comply with TPP. The report is required under the presidential trade promotion authority legislation passed last year.