Japanese Economic Minister Toshimitsu Motegi (Source: AFP)Hanoi (VNA) – Eleven remaining member nations to the Comprehensive and ProgressiveAgreement for Trans-Pacific Partnership (CPTPP) have agreed to sign the deal atan official ceremony slated for March, Japanese Economic Minister ToshimitsuMotegi said on January 23.
CPTPP is areplacement pact after US President Donald Trump pulled his country out of theTrans-Pacific Partnership (TPP) agreement in 2017.
The agreement wasreached during a two-day meeting in Tokyo, Japan, where chief negotiators ofthe 11 member nations addressed disagreements among them, including Canada’s restrictingforeign films to protect its cultural industries.
Japan plans toexplain the importance of the CPTPP to the US, the Japanese Minister said,hoping that the country will be convinced to join the agreement.
Previously inNovember 2017, trade ministers of the 11 nations, namely Australia, Brunei,Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnammet up in the framework of the APEC Economic Leaders’ Week in the central cityof Da Nang, and agreed to maintain the TPP after the US’s pull out.-VNA
VNA
