The government on Wednesday set out how the Trans-Pacific Partnership free trade pact could aid businesses in an effort to quell unease among the agriculture industry and small and midsize businesses.

In a basic policy outline, it said the nation should take advantage of the TPP to recover its status as an exporter and make that a driving force of economic growth.

The 15-page document also sets out ways to help firms embrace opportunities offered by the TPP. It says small- and medium-sized companies in Japan will have an open door to expansion overseas, while the country's ailing agricultural industry will have a chance to improve its competitiveness.