Joint statement on conclusion of negotiations on UK’s CPTPP accession issued
Representatives from member nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the UK approved a joint statement at the ministerial level on the substantial conclusion of negotiations on the UK's accession to the CPTPP at their virtual meeting on March 31 (Vietnam time).
Minister of Industry and Trade Nguyen Hong Dien and the Vietnamese delegation at the meeting. (Photo: MoIT)
Hanoi (VNA) –Representatives from member nations of the Comprehensive and Progressive Agreement forTrans-Pacific Partnership (CPTPP) and the UK approved a joint statementat the ministerial level on the substantial conclusionof negotiations on the UK's accession to the CPTPP at theirvirtual meeting on March 31(Vietnam time).
The meeting was chaired by JapaneseMinister of Economy, Trade and Industry (METI) Shigeyuki Goto, who is also chairman of the UK’s Accession Working Group (AWG), and drew the attendance of ministers andrepresentatives of the CPTPP members - Australia, Brunei, Canada, Chile, Japan,Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam - and the UK.
The participants confirmed that the UK has provided commercially meaningful marketaccess offers of the highest standard on goods, services, investment, financialservices, government procurement, state-owned enterprises and temporary entryfor business persons.
Participants approved a joint statement at the ministerial level on the substantial conclusion of negotiations on the UK's accession to the CPTPP at the meeting. (Photo: baodautu.vn)
They agreed on the means by which theUK will comply with the existing rules contained in the CPTPP. The countries pledged to work together to prepare and verify the legal instrument of the accession.
They hailed Vietnam’ssuccessful hosting of the negotiations for the accession in late February andearly March, which contributed to the substantial conclusion of the process.
Addressing the event, Vietnamese Minister of Industry and Trade Nguyen Hong Dien expressed his delight that the CPTPPmembers and the UK have reached positive results in this round of negotiation andpromptly released the joint statement at the ministerial level on the substantial conclusionof negotiations on the UK's accession to theCPTPP.
He confirmed Vietnam’ssupport for the UK’s finalisation of procedures to join the CPTPP.
The CPTPP is one of the most comprehensiveand ambitious trade deals ever concluded. It is also one of the largest tradepacts in the world, covering 13.5% of global GDP and a market of about 500million people./.
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Minister of Industry and Trade Nguyen Hong Dien and the Vietnamese delegation at the meeting. (Photo: MoIT) 
Participants approved a joint statement at the ministerial level on the substantial conclusion of negotiations on the UK's accession to the CPTPP at the meeting. (Photo: baodautu.vn) 
