Vietnam to shelve TPP ratification
Sun 20, 2016
Vietnam is to shelve its ratification of a US-led Pacific trade accord due to political changes ahead in the US, but wants to maintain good relations with Washington as much as it does all other nations, the Vietnamese prime minister said yesterday.
Vietnam’s legislature was almost certain to ratify the 12-nation Trans-Pacific Partnership (TPP) agreed last year, but had deferred it until after the US presidential election, which was won by Donald Trump, whose protectionist agenda on the campaign trail has unnerved Asian economies.
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