Vietnam hopes for early conclusion of TPP talk with US

Prime Minister Nguyen Tan Dung expressed hope for early conclusion of negotiations with the US on the Trans-Pacific Partnership (PPP) deal while meeting US Trade Representative Michael Froman in Hanoi on April 22.
Prime Minister Nguyen Tan Dung expressed hope for early conclusion ofnegotiations with the US on the Trans-Pacific Partnership (PPP) dealwhile meeting US Trade Representative Michael Froman in Hanoi on April22.

Though difficulties remain ahead, especiallyin contents regarding market, services and investment, governmentprocurement, intellectual property, State-owned enterprises and labour,the PM noted that the two sides have made long steps forward in thespirit of straightforwardness, sincerity, constructiveness, good willand cooperation.

He also repeated the Vietnamesegovernment’s request at a recent meeting with President Barack Obamathat the US take into consideration Vietnam’s development level in orderto reach a balanced and flexible TPP pact that not only benefits TPPmember states but also propels the sustainable and long-termcomprehensive partnership between Vietnam and the US.

The host thanked the US for its promise to provide capacity-buildingand technical assistance in TPP enforcement and stated that Vietnam isconsistent in seriously implementing all of its commitments.

Sharing hope for early TTP talk conclusion, Froman said the US keeps aconsistent view on balanced interests while accepting certainexceptions, giving a transitional period for Vietnam in realising thepact’s commitments.

The US is willing to offer capacity building and technical assistance to Vietnam in implementing the TPP, he said.

The representative said both sides should thoroughly consider andtackle existing differences to prevent any obstacles from arising in theprocess of TPP enforcement.-VNA

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