Peterson Institute for International Economics. Jeffrey J. Schott
     —
    
     
     June 25, 2014
     
    
     
     
(Click here to original article)
Over the past two decades, the United 
States and Japan built an extensive network of free trade agreements 
(FTAs) with countries in the Asia-Pacific region but did not move 
forward with bilateral talks. Japan’s participation in the Trans-Pacific
 Partnership (TPP) marks the first such venture.