On May 21, in Hanoi, on the sidelines of the 23rd Ministerial Conference on Trade (MRT23) of the Asia-Pacific Economic Cooperation (APEC) Forum, Ministers and Vice Ministers of Australia, Brunei Darussalam, Canada, Chile, Japan, New Zealand, Malaysia, Peru, Singapore and Vietnam met to discuss the Trans-Pacific Partnership (TPP).
Ministers reaffirmed the TPP’s balance and economic and strategic importance.
The Ministers stressed that the principles and high standards of this Agreement are measures to promote economic integration in the region, contributing positively to promoting the economic growth of member countries, creating More opportunities for workers, households, farmers, businesses and consumers.
Ministers also agreed to realize the benefits of the TPP Agreement. Accordingly, the Ministers agreed to assign a technical level to study suitable scenarios to quickly bring the Comprehensive Peace Agreement and High Standards into effect, including facilitating the participation of The original signatory countries.
The Ministers instructed the Delegation leaders to prepare for this task and request the completion before the TPP countries meeting on the sidelines of the APEC Summit will be held on November 10-11. Da Nang city, Vietnam.
Ministers emphasized the possibility of extending TPPs to other participating economies if they were able to accept the high standards of the Agreement.
These efforts will address concerns about protectionism, maintaining market openness, consolidating the international trading system based on common rules, promoting global trade and improving quality. life./.
By: hanoimoi.com