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Workshop: Trans-Pacific Strategic Economic Partnership Agreement- benefits and challenges for businesses

The workshop namely Trans-Pacific Strategic Economic Partnership Agreement negotiation (TPP) 2014- new benefits and challenges for enterprises will be co-organized by IDT International; Joy academy for entrepreneurs and directors, OCEWA academy.

Time: August 16, 2014 (1.30 p.m- 5 p.m)

Venue: La Thanh Hotel, 218 Do Can str., Ba Dinh district, Hanoi.

Mr. Truong Dinh Tuyen – former minister of trade, member of Prime Minister’s advisory board.
Dr. Tran Du Lich – Member of Prime Minister’s advisory board; member of Nationtial Assembly’s Economic committee; head of the MP delegation of Ho Chi Minh city.
Dr. Vo Tri Thanh –Vice director of the Cetral Institute of economic management, member of Prime Minister’s advisory board.

The Trans-Pacific Partnership (TPP) is a proposed regional free trade agreement that is currently being negotiated by many countries with the aim to enhance trade and investment among the TPP partner countries, promote innovation, economic growth and development, and support the creation and retention of jobs. The most important part in negotiating Trans-Pacific Strategic Economic Partnership Agreement  is negotiating import tax participated by Vietnam. However, TPP sets a very high requirement i.e  removing all import tax as soon as the agreement takes effect.

Joining WTO means joining a game with its own rules, and joining TPP also means joining the club of the advocates of liberalization. With the deeper commitment than WTO and some areas does not even appear in WTO, the two side impact seems to be very big.

TPP negotiation is now one of the most important trade negotiations of Vietnam. It includes not only issues ralating to open door policies for commodities and services but also non-trade issues. This is the most concerned issue of many economists, authorities and business community.  

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