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TPP not dead even without US

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The United States' withdrawal from the Trans-Pacific Partnership (TPP) is a setback but does not necessarily spell its end, Trade and Industry (Trade) Minister Lim Hng Kiang told Parliament.

There could be various outcomes: the 11 remaining countries could pursue bilateral trade deals; they mightratify the TPP in the hopes that the US will rejoin; they might pursue "TPP 11" without the US.

Mr Lim noted the impact on Singapore from not getting the deal would not be very significant.

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