Vietnam's Parliament Assesses Trans-Pacific Agreement

Hanoi - The Vietnamese National Assembly on Friday assessed the terms of the Comprehensive and Progressive Trans-Pacific Partnership Agreement (CPTPP) for its eventual ratification, which, if signed, would make Vietnam the seventh country to take such a step.
Presenting the proposal, President Nguyen Phu Trong noted that the final access to the treaty would demonstrate Vietnam's strong commitment to the reform of its economy and the will to move towards broad and deep international integration.
The secretary general of the Communist Party pointed out that by joining the CPTPP, Vietnam would also reaffirm its role within the Association of Southeast Asian Nations (ASEAN), in the Asia-Pacific region and in the international arena.
Judging by these and earlier statements by Vietnamese senior officials, the nation is ready to ratify the treaty, probably during the ongoing sixth ordinary session of the National Assembly.
If so, Vietnam will join the six countries that completed the minimum list for the agreement to come into force in December 2018 (Mexico, Japan, Singapore, New Zealand, Canada and Australia, in that order).
The other countries that are expected to do so soon are Brunei, Chile, Malaysia and Peru.
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