WASHINGTON DC – The landmark Trans-Pacific Partnership (TPP) trade pact is an important component of United States President Barack Obama’s legacy and Singapore will continue speaking up to convince the sceptics, Prime Minister Lee Hsien Loong said on Wednesday (Aug 3, US local time).
WASHINGTON—President Barack Obama, after meeting Tuesday with Singapore Prime Minister Lee Hsien Loong, said the two leaders were still committed to the Trans-Pacific Partnership trade deal, despite increasingly long odds of U.S. approval this year.
Hanoi (VNA) – Singapore’s Prime Minister Lee Hsien Loong has urged US businesses to voice their support to persuade the US Congress to ratify the Trans-Pacific Partnership (TPP) agreement.
President Obama said Monday that he remains optimistic Congress will pass an expansive Pacific Rim trade agreement before he leaves office amid anti-trade election year rhetoric from Democrats and Republicans.
The Trans-Pacific Partnership, a multilateral trade deal involving the United States and many countries on the Pacific Rim, has become something of a bugaboo for those both on the left and the right.
(VOVworld) - US President Barack Obama wants Congress to approve the Trans-Pacific Partnership deal this year to help write the rules on global trade while keeping a competitive edge.
Within a product’s value chain, TPP’s rules-of-origin is eliminating countries that have low contribution level.
For Vietnam’s government, talk of a collapse in a trade pact stretching across the Pacific Ocean from the United States to Malaysia is failing to dent confidence.
The Trans-Pacific Partnership, the largest regional trade accord in history, would set new terms for trade and business investment among the United States and 11 other Pacific Rim nations — a far-flung group with an annual gross domestic product of nearly $28 trillion that represents roughly 40 percent of global G.D.P. and one-third of world trade.
The Trans-Pacific Partnership trade deal will have negative consequences for the auto sector in Canada, an analysis of the automotive measures in the agreement says.