The biggest hurdle, however, is Trump's opposition to the TPP and the likelihood that he may repeal the entire pact.

Leading economists here have suggested that the pact is in fact more about "managed trade" rather than "free trade," and have questioned the lack of transparency of the overall process as the details of the agreement are supposed to be released prior to them being sent for ratification.

Experts have also claimed that not all the deals inked see tariffs eliminated following pledges made in earlier negotiations, with the details of the accord when they are presented to public and Congress, likely to be a diluted version of the original grand vision.

Skeptics to the pact in Japan also suggested that the presidential election in the U.S. has unnecessarily forced the premature inking of the pact, despite major differences still existing between member countries, meaning that the pact agreed upon has been glossed over with a number of key agreements yet to be fully made.

The TPP involves Japan, Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam.

If ratified, it would potentially account for 40 percent of global gross domestic product and more than 30 percent of global trade, with leading economists stating that combined growth would be worth in excess of 28 trillion U.S. dollars.

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