Chile's Foreign Minister Heraldo Muñoz (centre), New Zealand's Trade and Export Growth Minister David Parker (right) and Canada's Trade Minister Francois-Philippe Champagne before the CP TPP signing ceremony (Source: AFP)
In an interview granted to the Vietnam News Agency on the sidelines of the official signing of the CP TPP in
He expressed his delight when
Explaining the deal’s concepts of “comprehensive” and “progressive” initiated by
According to the Canadian minister, the CP TPP will benefit Vietnamese and Canadian people alike. The world will consider it a model for progressive and inclusive trade, he said.
The official signing of CP TPP took place in Santiago de Chile on March 8 (local time), with the participation of representatives from 11 member countries, namely
CP TPP was launched a year ago after the
The content of CP TPP was basically unchanged from the original TPP with 8,000 pages, except for the suspended implementation of 22 provisions mainly related to intellectual property. It sets high criteria in numerous fields, including labour, the environment, intellectual property, digital economy and cyber security.
The pact will create one of the world’s largest free trade blocs with a combined market of 499 million people and GDP of around 10,100 billion USD, accounting for 13.5 percent of the global GDP.
The pact will come into force 60 days after it is fully ratified by at least six of the 11 members.
VNA