TOKYO -- Japan forecasts an aggregate boost of 13 trillion yen ($114 billion) to its gross domestic product from the Trans Pacific Partnership and economic partnership agreement with the European Union, statistics compiled Wednesday show.
The 11-nation TPP -- excluding the U.S., which pulled out under President Donald Trump -- is projected to contribute 8 trillion yen and 460,000 jobs, while the European accord is predicted to add 5 trillion yen and 290,000 jobs. The official figures will be announced Thursday by Toshimitsu Motegi, Japan's minister of state for economic and fiscal policy, after the Council on Economic and Fiscal Policy meets.
