Nikkei Asian Review | 27 March 2018
Vietnam leader calls for US to rejoin expanded TPP
by Atsushi Tomiyama
Hanoi : Vietnamese Prime Minister Nguyen Xuan Phuc wants to expand a renewed version of the Trans-Pacific Partnership trade pact to include the US and other countries to drive global economic growth and fight the rising tide of protectionism.
It is "in the interest of all the member economies" for the US to join in this agreement, Phuc said Monday in an interview with Nikkei and the Financial Times here. That would be a great impetus for growth "in this region and the world," he said.
Despite having originally led the TPP negotiations in the Obama administration, the US pulled out of the framework under President Donald Trump. The 11 remaining members signed a revised version called the Comprehensive and Progressive Agreement for Trans-Pacific Partnership on 8 March 8- an achievement in no small part made possible by Hanoi working with Tokyo, according to Phuc.