TPP negotiating countries push on ratification

by VTV419 November 2015 Last updated at 11:40 AM

VTV.vn - The 6th meeting of TPP leaders was held on Wednesday at the 23rd APEC Economic Leaders’ Meeting in Manila.

In his opening speech, US President Barack Obama praised the determination of the negotiating countries to complete TPP talks within 5 years. He said that this demonstrated the shared vision among the 12 countries, helping to determine trade regulations in the Asia-Pacific region in decades ahead. President Truong Tan Sang said the completion of TPP negotiations would create new momentum for regional growth and connectivity, promoting peace, co-operation, and sustainable growth in the region.

However, he said that the implementation of the TPP would pose formidable challenges, particularly for developing nations. He asked member countries to strengthen co-ordination and mutual support to ensure the TPP’s early signing, ratification by member nation parliaments, and implementation. The leaders approved a joint statement to express their determination to bring the TPP into effect quickly.

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