Vietnam cptpp signature, open a new global trade

Cptpp is a new generation of a free trade agreement, was born in the United States after the replacement of TPP retreat. Even without the world's largest economy cptpp but still, maintain high standards and the most advanced. The treaty entered into force within 60 days after the 611 members including Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam for approval.

The signing of a speech after the foreign minister stressed that Chile Heraldo Munoz treaty is a strong signal ", oppose protectionism, in support of the world is a diversified, multimedia trade". Share your views of cptpp Munoz, a lot of people that the treaty is important, the model for future commercial transactions.

The import tax measures in steel and aluminum increase were signed in the case of cptpp President Donald Trump threatened, an organization that many countries pay close attention to the global trade war.

Cptpp was born in 11 will reduce tariffs between members of the occupy 13% of the global economy and GDP reached $one trillion. If it is in the United States, the number is 40%.

Chilean President Michel Bachelet stressed: "today, we can be proud of the complete process, send a message to the international community, open market opportunities and enter the international economic cooperation is the best tool to create opportunities and opinions of the developed economy".

The United States does not cptpp

But even without the United States cptpp still means a lot of market of nearly 5 million people. In the current time of the trade agreement, which is the largest in the world.

However, cptpp is not the end to leave Washington. The rest of the 11 countries, including Vietnam, but also work together to get high standards of a trade agreement progress, is shaping the future of Global trade. Cptpp will come when selling members have the approval process can be extended for one year.

Vietnam cptpp signature, open a new global trade - image 2.

A member of the Michelle Chila president and Minister cptpp in 11. Image: Getty

"Many of us want to see cptpp officially came into effect last year or so, the Australian Trade Minister Steven combo or.

Cptpp eliminates some of the requirements, this is the American band, including the policy in the negotiation of TPP, strengthen the protection of intellectual property rights agent. Many countries and activists argue that this rule will increase the final budget price. Cptpp well... I'm 21 / 2 in New Zealand today.

January, published in the world economic forum in Davos, President Donald Repgen publicly may return TPP if a better America. However, the New Zealand Trade Minister stressed that this is not possible in the near future in Japan said, it is difficult to change the agreement.

Make unremitting efforts to return

Walk in the role of the United States, national and Global trade pioneer, so many people want to end and top. However, efforts do not know tired members, this is Japan's first, to help restore the standard protocol, creating a new global trade to a high standard.

Cptpp (in the negotiation process is usually referred to as TPP - 11) occurred in all countries, including Vietnam. Footage of the 2017 APEC summit in Da Nang, stepping up negotiations, group work by TPP - 11. However, the absence of the last minute between Canadian Prime Minister Justin Trudeau meeting of leading members of water TPP 11-11 makes this treaty a dangerous.

The press conference, jointly announced the 11 TPP the fate of the fair trade minister Chen Jun and Vietnamese Minister Toshimitsu Motegi APEC reconstruction of the Japanese economy summit highlights 2