GETTY The TPP will go ahead after Trump withdrew the US

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The group have faced a tough few months as they attempted to thrash out a new framework after the US President Donald Trump withdrew America from the pact on his third day in office. But under Tokyo’s new leadership, the remaining member nations, known as the TPP11, have vowed to steam ahead with the pact. Steven Okun, vice chairman of the Asia Pacific Council of American Chambers of Commerce, said work will go ahead “with or without” the US.

GETTY New Zealand's foreign trade minister Todd McClay

The TPP-11 countries recognise that a 21st Century, multi-party regional trade agreement in Asia Pacific is very much needed, with or without the United States Steven Okun, vice chairman of the Asia Pacific Council of American Chambers of Commerce

He said: “The TPP-11 countries recognise that a 21st Century, multi-party regional trade agreement in Asia Pacific is very much needed, with or without the United States. “All of these upsides to the TPP apply with or without the US, so it is not surprising that the remaining members are looking to move forward even without US participation.” The 11 countries are Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru and Singapore. The TPP deal is expected to address issues such as duty-free access for goods, while opening up investment and services to ensure cross-border flow. The 11 trade ministers are expected to meet again in August or September, according to reports. New Zealand Trade Minister Todd McClay told CNBC: "New Zealand's never thought that the agreement was dead.

GETTY The 11 trade ministers are expected to meet again next month

"One country decides not to go ahead, but it's still a high quality agreement and a common set of rules across the Asia Pacific." It comes after the Trump administration released its long-awaited goals for renegotiating NAFTA, which critics say has borrowed heavily from the TPP.

GETTY Trump has recently launched NAFTA