Full text of TPP Agreement announced

The move aimed to meet public demand for information. Accordingly, the full document is posted at website http://tpp.moit.gov.vn/.

According to international trade negotiation practices, an agreement will be made public after the involved parties have completed all legal review procedures.

However, due to locals’ and businesses’ demand to study the trade pact, the TPP countries decided to release the full document.

There might be some technical changes in the final version, but they would not affect commitments made by TPP members.

The MoIT is working closely with other ministries and departments to translate the text into Vietnamese as soon as possible.

The announcement of the TPP document took place one month after negotiations concluded in the US in October this year.

The text provides detailed information on commitments made by TPP member countries, as well as articles applied to all parties involved.

The TPP will come into effect within 60 days after all members announce they have completed the domestic legal review procedures.

After releasing the final text, each country will allow its people to study the pact for 60-90 days before signing it.

The TPP involved 12 members namely Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the US and Viet Nam./.

By Khanh Phuong