Japan and Thailand agreed on June 27 to foster cooperation for the accession of Thailand to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Japanese Foreign Minister Taro Kono. (Photo: EPA-EFE/VNA)
Tokyo (VNA) – Japan and Thailand agreed on June 27 to fostercooperation for the accession of Thailand to the Comprehensive and Progressive Agreement for Trans-PacificPartnership (CPTPP).
According to theJapanese Ministry of Foreign Affairs, Japanese Foreign Minister Taro Konowelcomed Thailand’s interest in joining the CPTPP during the talks with hisThai counterpart Don Pramudwinai. Japan is willing to work with Bangkok in thismatter, he said.
Kono was in Thailandfor the third ministerial of the Conference on Cooperation among East AsianCountries for Palestinian Development (CEAPAD).
The two ministersalso discussed bilateral economic cooperation regional security issues,including the Korean peninsula.
The CPTPP is acomprehensive free-trade agreement signed by 11 Asia-Pacific countries in Marchafter the withdrawal of the United States from the Trans-Pacific Partnership(TPP) after US President Donald Trump took office.
At least six member states are required to ratifythe CPTPP to put it into force. The deal is expectedto create one of the world’s largest free trade blocs with a combined market of499 million people and GDP of around 10.1 trillion USD, accounting for 13.5percent of the global GDP.
The Japanese Diet on June 13 enacted a lawto ratify CPTPP, moving a step closer to complete domestic procedures,according to Kyodo news.
Japan still has to enact a separate billto implement domestic measures in connection with the agreement, such assupport for livestock farmers who will be exposed to competition from foreignrivals.
The country is expected to become the secondnation to ratify the deal after Mexico, which has already completed domesticprocedures.-VNA
Colombia has officially requested for permission to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), said Mexican Economy Minister Ildefonso Guajardo.
Canadian Minister of International Trade Francois-Philippe Champagne has introduced legislation in the House of Commons for the implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Chairman of the National Assembly’s Committee for External Affairs Nguyen Van Giau visited Tokyo on June 19 and 20 to tighten cooperation with the Japanese legislature on a range of issues, including economic ties and the ratification of the CPTPP.
A delegation of the Vietnamese National Assembly (NA)’s Committee for External Affairs visited Ottawa and Toronto of Canada from June 20 to 25 to bolster parliamentary ties and discuss the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
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Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
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Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
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The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
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Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.