Representatives of members of trade deal pose together after the signing agreement ceremony in Santiago, Chile on March 8 (Photo: Reuters)
KualaLumpur (VNA) - Malaysia is set to be the biggest winner from theComprehensive and Progressive Agreement for Trans-Pacific Partnership (CP TPP),said Moody’s.
Moody’s quoted the Peterson Institute for International Economics (PIIE) assaying that it is because real income effects of CP TPP would be the highestfor the country.
The deal will provide Malaysia with export access to new markets includingCanada, Peru and Mexico, benefiting palm oil, rubber and electronics exporters,Moody’s added.
Forother members, it said the trade pact will boost exports and incomes and helpto sustain reform efforts in a number of countries.
However,the gains from CP TPP will be smaller without US participation, it said. Moody’scited PIIE statistics which said CP TPP will generate real income gains of 157billion USD for member countries, compared to 465 billion USD from the originalTPP. - VNA
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) was officially inked at a ceremony chaired by Chilean President Micelle Bachelet in Santiago de Chile on March 8.
Canada, New Zealand and Chile made a joint statement on the sidelines of the signing ceremony of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in Chile on March 8 (local time), vowing to intensify cooperation within the agreement framework.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) was officially inked at a ceremony chaired by Chilean President Micelle Bachelet in Santiago de Chile on March 8.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CP TPP) will bring in huge economic benefits for Vietnam, as according to a new World Bank report released on March 9.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
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In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
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.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
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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.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
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.