Final version of Trans-Pacific trade deal released

The final version of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) was released on February 21, moving the pact a step closer to an official signing by the 11 member economies early next month.
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final version of trans pacific trade deal released
Ministers from countries that signed the Trans-Pacific Partnership Agreement met in Da Nang. (Photo: AFP)

More than 20 provisions have been suspended or altered in the final text, including rules around intellectual property, since the US withdrawal from the deal.  

New Zealand Trade Minister David Parker said that the agreement has become more important because of the growing threats to the effective operation of World Trade Organization (WTO) rules.

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H.E. Wendy Matthews, New Zealand’s Ambassador to Vietnam shared with Hanoitimes the CPTPP’s benefits for mutual co-operations.

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(Source: VOV)