Actually, TPP has such a wide value and it should be a model for 21st century free trade agreements not only in Asia-Pacific but also globally. TPP should lead other negotiations in this area. It is true that we are negotiating other agreements, such as RCEP, the regional comprehensive economic partnership, which involves 16 countries: 10 ASEAN countries plus six countries with which ASEAN has reached an agreement, including China.
We are also negotiating a Japan-China-South Korea free trade agreement. Since our objective is to have about 70% of our trade covered by free trade agreements, we value the TPP highly. However, regardless of the direction in which TPP is going, we are pursuing our own efforts in those areas.
It is very important for the United States to look at this situation, too, I believe.