Minister: CPTPP vital to sustainable development in VietnamThe Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) Agreement would be a vital deal in utilising free trade and ensuring sustainable development in Vietnam, said Minister of Industry and Trade Tran Tuan Anh. The minister said such sectors as garment-textiles, footwear, food processing, beverage, confectionery, tobacco, wine and beer will benefit most from the deal. Like other member countries, Vietnam has committed to market opening and trade facilitation and liberalisation towards lifting non-tariff barriers, the minister said. The CPTPP is set to take effect in early 2019 after it is ratified by at least six member countries. On February 21, the full text of the CPTPP was announced, which is considered a sign showing that the 11 countries are ready to sign the agreement.


Source:   VietNamNet News
March 06, 2018 14:26 UTC