Vietnam has suspended the ratification of the agreement on the TPP after the changes in USA

Vietnam has suspended the ratification of the agreement on the TRANS-Pacific partnership (TPP) on the background of the changes that have occurred in the United States, Reuters reports with reference to the Prime Minister of the country.

The Union on the side. Why the Pacific partnership closed for Russia and China

At the meeting of the Parliament, Nguyen Xuan Phuc announced that as America pauses the feed of the agreement on the TPP in Parliament, now there are not sufficient conditions to Viet Nam sent the agreement for ratification.

Washington decided to suspend the ratification of the document in Congress at the end of last week. To continue the debate on this topic will have a new administration elected President of the USA of Donald trump.

An agreement for a comprehensive free trade zone in the Asia-Pacific region was prepared under the guidance of the United States for several years. In February it was signed by 12 countries: USA, Canada, Australia, New Zealand, Brunei, Singapore, Vietnam, Malaysia, Japan, Chile, Peru and Mexico.

Trump has repeatedly questioned the feasibility of the TTP.

Recently, the President of Peru Pedro Kuczynski spoke about the possibility to replace the TPP agreement to others without the participation of America, but perhaps with the participation of Russia and China.

Leave a Reply

Your email address will not be published. Required fields are marked *