Comprehensive and Progressive Trans-Pacific Partnership takes hold as 6 of 11 countries now ratified. U.S. President Donald Trump tried to kill it, but the Trans-Pacific Partnership wouldn't stay dead.
This fall, China’s ambitious Belt and Road Initiative (BRI), first announced by President Xi Jinping in September 2013, turned five years old.
President Ronald Reagan and Prime Minister Margaret Thatcher, who came to office less than two years apart almost 40 years ago, had a profound effect on the world's political and economic arrangements.
Most Vietnamese enterprises are unprepared to take advantage of the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP), a senior trade official has said.
Parliament members say the ongoing US-China trade war has had visible impacts, and Vietnam needs to reduce dependence on both nations. At the ongoing National Assembly session, several National Assembly deputies Saturday stressed the need for Vietnam to make policy changes and diversify markets.
Despite its early success, the WTO hasn't done much since 1995. Throw Trump into the mix and it all looks a lot more chaotic and confrontational, says one observer.
The US-China trade war rages on. Barring progress in negotiations, 10% tariffs that the US imposed on $200 billion in Chinese goods will increase to 25% as of Jan. 1, 2019.
The EU-Vietnam trade agreement will eliminate over 99% of all tariffs, and partly remove the rest through limited zero-duty quotas, known as Tariff Rate Quotas (TRQs).
CSIS was privileged last week to host the U.S. ambassador to the World Trade Organization (WTO), Dennis Shea, for a public conversation.
Globalisation, defined as the global integration of markets for goods, services, capital and people, is a phenomenon with very old roots and which still has a lot of life left in it.
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