Robert Lighthizer, just installed as the official US trade negotiator, blocked a joint declaration opposing protectionism by APEC trade ministers in Hanoi at the weekend. US Treasury Secretary Steven Mnuchin took the same position at a G20 meeting in March. But while anti-trade rhetoric remains Trump administration policy orthodoxy, the President has demonstrated preparedness to step away from it on trade issues where key interests are at stake.
Asian trade ministers yesterday met to discuss the China-backed free trade deal known as the Regional Comprehensive Economic Partnership (RCEP), but disagreements have reportedly surfaced over tariff cuts.
Eleven signatory countries of Trans-Pacific Partnership (TPP) have shown their unity in pursuing the trade deal without the United States.
Japanese Prime Minister Shinzo Abe's conviction that a Trans-Pacific Partnership (TPP) pact will help bring prosperity to the Asia-Pacific region is unaltered, he said on Tuesday
The EU-Việt Nam Free Trade Agreement (EVFTA) will help Việt Nam become the regional hub for many foreign manufacturing companies, promoting the development of industrial parks (IPs) in the country, said Gellert Horvath, vice chairman of the European Chamber of Commerce (Eurocham).
Japanese Prime Minister Shinzo Abe and his New Zealand counterpart, Bill English, on Wednesday said they would work together to bring to fruition the Trans-Pacific Partnership (TPP), even after the United States ditched the free trade pact.
Japan and other remaining members of the Trans Pacific Partnership will this weekend decide how to revive the trade agreement ditched by U.S. President Donald Trump.
Việt Nam has proposed an initiative on building an e-commerce facilitation framework within the Asia-Pacific Economic Cooperation (APEC), as it is an important content in the 2017 APEC’s agenda.