TPP Opportunities for Small and Medium Sized Companies

What does TPP mean to entrepreneurs? What does it even stand for?

TPP stands for 'Trans-Pacific-Partnership', which refers to the alliance of various countries under a treaty—much like the European Union.

Many entrepreneurs find it difficult to spot opportunities because of the large-scale global changes that go beyond their imagination. One such up-and-coming change is the creation of the world's biggest economic zone, which will be much bigger than the EU and will make up 40% of the world's wealth. The countries will become more integrated through actions such as eliminating tariffs and simplifying the process to freely move goods and services within the TPP zone.

Bigger businesses may benefit from this TPP zone because they will gain access to resources and other businesses in the numerous participating countries. On the other hand, small and medium sized business can also benefit as it may give them room to expand to a few countries within the zone.

If you come from the TPP member states such as United States, Japan, Canada, Australia, New Zealand, Singapore, Malaysia, Mexico, Vietnam, Peru, Chile and Brunei, you have clear advantage. Japan has benefited greatly from its membership in the TPP, allowing it to provide goods and services to a multitude of countries. As the third largest market in the world, Japan makes an ideal place to base your business.

Our tips:

We do our best to make sure the information on this website is relevant and accurate.
However, we do not take responsibility should there be any inaccuracies or incorrect information shown.
Please use your own judgement about what you read here – From the organisers of japanbizguide.com