Japan, Vietnam set to bring TPP into force

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Xinhua | 6 June 2017

Japan, Vietnam set to bring TPP into force

Japanese Prime Minister Shinzo Abe and his Vietnamese counterpart Nguyen Xuan Phuc agreed on Tuesday to bring the Trans-Pacific Partnership (TPP) trade agreement into force at an early date during talks in Tokyo.

According to a joint statement released after the talks, both leaders reaffirmed that free and fair trade and investment are an important driver for the global economy and decided to work together in promoting open and free trade and investment against the backdrop of mounting anti-globalization and protectionism in the world.

The two countries vowed to cooperate in the discussion among TPP members to bring the agreement into force expeditiously, according to the statement.

Phuc is on a five-day visit to Japan starting Sunday. The two countries signed a number of frameworks between their ministries, local authorities and businesses.

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source: Xinhua