Japan’s Prime Minister Shinzo Abe has suggested that he will seek approval of the Trans-Pacific Partnership free trade deal at an extra session of the Diet this year.
Members of Congress are not interested in stomaching a vote on the Trans-Pacific Partnership before a lame-duck session
The U.S. government should ratify the Trans Pacific Partnership (TPP) free trade agreement and reach a trade deal with the European Union to address existing economic challenges, the International Monetary Fund (IMF) said in a report on Wednesday.
Though the Trans-Pacific Partnership Agreement is looming, few Vietnamese businesses have plans to switch from subcontracting to direct exports or reduce their heavy reliance on feedstock imports or increase exports of processed goods to improve value addition.
Vietnam’s manufacturing is currently determined by low-wage, low-tech and low-added value production.
U.S. Trade Representative Michael Froman was optimistic on Monday that Congress would pass a sweeping Pacific Rim trade agreement this year.
Vietnam and the US are increasing co-operation in all aspects, especially in trade and investment, and will foster this co-operation with or without the Trans-Pacific Partnership agreement.
The proportion of enterprises in Việt Nam showing support for the Trans-Pacific Partnership (TPP) rose from 62 per cent in 2014 to 72 per cent in 2015, according to the Vietnam Chamber of Commerce and Industry (VCCI)’s recent survey participated by about 1,000 businesses.
Japan does not plan to rework the Trans-Pacific Partnership free trade deal despite U.S. presidential hopeful Hillary Clinton’s suggestion Tuesday that she may try to renegotiate it, Deputy Chief Cabinet Secretary Koichi Hagiuda said on Wednesday.
Thailand has decided to join the Trans Pacific Partnership (TPP). That will be the key message Prime Minister Prayut Chan-o-cha will deliver to President Barack Obama at the special Asean-US meeting today and tomorrow at Sunnylands, California.