Vietnam wants to sign TPP soon

12/03/2014 12:00 - 522 Views

(VOV) - Vietnam expects negotiations on the Trans-Pacific Partnership (TPP) agreement to conclude in the near future, Finance Minister Dinh Tien Dung told his US counterpart Jacob Lew during their March 10 talks in Washington DC.

Dung affirmed the final trade pact must ensure benefits to all participating parties, including Vietnam and the US.

For his part, Jacob Lew, who visited Vietnam last December, said getting the TPP negotiations wrapped-up and signed is of great importance to the US.

The two ministers said the TPP is a monumental step towards promoting economic, trade and investment relations between the two countries and among other member countries.

They spoke highly of cooperation results in recent times and agreed to further boost cooperation in customs, tax, and budget management to accelerate bilateral trade and investment ties.

Lew noted restructuring State-owned enterprises is an important task for Vietnam in its endeavour to renovate the growth model.

On the same day, Dung met with US Trade Representative Michael Froman, and senior leaders of the World Bank (WB) and the International Monetary Fund (IMF).

He is scheduled to meet with the President of US Federal Reserve (FED) and hold a dialogue with the US business community.

Source: VOV