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The 11-member reincarnation of the Trans-Pacific Partnership, known as the CPTPP, moved one step closer to implementation last week in a sign that — despite a spate of recent international trade disputes such deals are very much alive in Asia.

The deal caps off an already busy year for Japanese trade negotiators who also signed a large economic partnership agreement with the European Union, moved forward with bilateral trade negotiations with the U.S. and launched early discussions about expanding the CPTPP beyond its original members.

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