The many ways in which RCEP will affect our lives
Given the internal differences among participating countries, the RCEP certainly does not look anywhere near conclusion this year.
Japanese Prime Minister Shinzo Abe and his Vietnamese counterpart Nguyen Xuan Phuc agreed to bring the Trans-Pacific Partnership (TPP) trade agreement into force at an early date.
Trade experts say Vietnamese Prime Minister hopes to start talks to replace TPP with one of the bilateral, country-to-country deals that the Trump administration says it prefers over multinational accords.
Minister of Industry and Trade Tran Tuan Anh and US Trade Representative Robert Lighthizer met as co-chairs of the Vietnam-US Trade and Investment Framework Agreement (TIFA) Council in Washington.
There are disagreements over targets for countries negotiating the RCEP
Japan and other remaining members of the Trans Pacific Partnership will decide at the APEC meeting in Vietnam how to revive the trade agreement ditched by U.S. President Donald Trump.
Vietnam will work with the member states of the Trans-Pacific Partnership agreement to reach a consensus on future orientations for the deal.
The US and Vietnam met under their Trade and Investment Framework Agreement (TIFA) to discuss deepening trade ties between the two nations as well as address outstanding bilateral trade issues.
Prospects are bright for Vietnam’s footwear exports after the EU-Vietnam Free Trade Agreement comes into force in 2018.
Việt Nam is ready to work with the Republic of Korea (RoK) to effectively implement the bilateral free trade agreement.
Vietnam will test U.S. President Donald Trump’s openness to one-on-one trade deals as it starts nudging Washington for an eventual agreement to replace its role in the defunct Trans Pacific Partnership.
Vietnam is coming under pressure from lawmakers in Europe to improve its human rights record before ratification of an EU free trade deal.
The RCEP will have the effect of locking in Vietnam - and all the other signatories - and prevent them from modifying or withdrawing investors’ rights they have granted, even if some years later they decide that granting those rights did not contribute to development in the country.
The farm products comprise crops and livestock as well as home-grown products.
The leaders of Japan and Vietnam shared a desire to see the Trans-Pacific Partnership free trade deal put into force at an early date
States such as Vietnam, Malaysia, Thailand and Philippines, which used to lean toward the United States (US), may now be seeking to find more favor with the Chinese.
Vietnam’s Free Trade Agreement with the European Union and the Trans Pacific Partnership would collectively give China access to markets worth $44 trillion in combined gross domestic product.
With the free trade agreement (FTA) between Vietnam and EAEU (Eurasian Economic Union) having taken effect, many Vietnamese export items now enjoy a zero percent tariff. However, it will be not an easy task to boost exports.
Vietnam’s decision to hold off ratifying the Trans-Pacific Partnership is a further blow to the beleaguered trade pact and a setback for American economic ambitions in Asia.