Saturday, October 22 2016


TPP talks move forward

Update: April, 23/2015 - 09:15
Prime Minister Nguyen Tan Dung receives United States Representative Michael Froman yesterday. — VNA/VNS Photo Duc Tam

HA NOI (VNS) — Prime Minister Nguyen Tan Dung received United States Representative Michael Froman yesterday, noting that his visit will move ongoing Trans-Pacific Partnerships negotiations forward.

PM Dung expressed his belief that Viet Nam had made improvements in narrowing down the barriers that prevent the finalisation of TPP negotiations, areas such as intellectual property rights, reforms of state-owned enterprises and labour reform.

PM Dung said he hoped that the US side understands that the Vietnamese economy is in a transitional period and that negotiations must be flexible enough to benefit Viet Nam, other TPP members and boost long-term relations between Viet Nam and the US.

Speaking at the meeting, Froman said he recognized the hard work of Vietnamese trade negotiators and noted this was an important time to start concluding TPP negotiations. Froman said the US understood the Vietnamese economy would need time to implement their commitments to the TPP, and would be willing to help Viet Nam.

He expressed his confidence that TPP would soon be concluded.

TPP is a trade deal that will involve 12 countries. Viet Nam and Singapore currently are the only two ASEAN member countries participating in negotiations. — VNS

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