State President attends Vietnam-US forum on TPP

by VTV427 September 2015 Last updated at 18:17 PM

VTV.vn - In the framework of his working visit to the US, State President Truong Tan Sang attended a forum in New York with Vietnam – US businesses over the impact of the Trans-Pacific Partnership (TPP).

Representatives from Vietnamese ministries, the US-ASEAN Business Council, and the US Chamber of Commerce also attended the event, alongside over 100 businesses from both nations.

At the forum, the State President considered the economic, trade, and investment cooperation between the two countries a key move toward developing bilateral relations. In 2014, bilateral trade turnover reached 36 billion USD, increasing 90 times compared to 20 years ago. However, President Sang also said that this positive sign has yet to show the two countries' full potential.

He affirmed that Vietnam highly valued the TPP negotiations, and is determined to work with the US and other member countries to finish negotiations as planned. Based on the 2 nations' cooperation over the past 20 years, he noted that the US might become the top ranking investor in Vietnam in the near future, contributing to the nation's regional and global economic integration. 

The State President also noted that Vietnam will strive to meet the TPP’s strict demands. He expressed confidence in Vietnam's success as the nation quickly adapted and implemented the commitments included in the ASEAN Free Trade Agreement, the WTO, and other free trade agreements.

 

 

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