CPTPP likely to launch early 2019At least six member countries of the Transpacific Partnership’s new avatar, the CPTPP, including Viet Nam, are likely to ratify it this year, enabling it to come into force in early 2019, a seminar heard in HCM City on Thursday. Representatives of countries joining the signing ceremony of the CPTPP in Chile in March 2018. He said at the next meeting the CPTPP members would discuss guidelines for countries wishing to join the pact in future. According to estimates from the Peterson Institute for International Economics, the economies of the CPTPP members will add 1.7 percentage points because of the deal. Viet Nam and Peru will be the biggest winners with their GDPs benefiting by 2-3 per cent.

Source: VietNamNet News March 30, 2018 01:52 UTC