Party General Secretary and President Nguyen Phu Trong on November 2 presented a proposal to the National Assembly on November 2. (Photo: VNA) Hanoi (VNA) – Party General Secretary andPresident Nguyen Phu Trong on November 2 presented a proposal to the NationalAssembly asking for the parliament’s ratification of the Comprehensive andProgressive Agreement for Trans-Pacific Partnership (CPTPP) and other relevantdocuments.
Vietnam and 10 other member states signed the CPTPP inSantiago, Chile, on March 8, 2018. The 11 member states of the deal are Australia,Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru,Singapore and Vietnam.
The President’s proposal stressed that the early joining andratification of the CPTPP would demonstrate Vietnam’s strong commitments toreform and comprehensive and extensive and intensive international integration.
Besides, through the pact, Vietnamcan affirm its important role and geographical-political position in Southeast Asia and Asia-Pacific at large, while advancingits position within the Association of Southeast Asian Nations (ASEAN), in theregion and the international area.
Specifically, in the context of rapid, complex and unforeseeablechanges in the global and regional political and security situation, the CPTPPmembership will enable Vietnam to improve its internal strength to cope with challenges,and consolidate its position so as to realise the foreign policy ofindependence, self-reliance, multilateralisation and diversification ofrelations in tandem with enhancing national defence and security, the documentreads.
Once put into force, the agreement will contribute todeepening relations between Vietnam and other CPTPP member countries,especially those having strategic partnership with Vietnam.
The proposal also pointed out the benefits along with challengesto be brought by the free trade deal to socio-economic development, Statebudget and the finalisation of legal and institutional frameworks.
It said the opening-up of economic activities, along withregulations in labour, transparency and anti-corruption, requires Vietnam totake the initiative and make greater efforts in completing legal regulationsand establishing management mechanisms that both match international treatiesand ensure political-social stability.
The Government proposes ratifying the CPTPP and relateddocuments at the sixth session of the 14th NA without anyreservation.
To ensure the implementation of the agreement, theGovernment has instructed concerned ministries and agencies to review andcomplete the list of laws, ordinances and decrees that need amendment,supplement and issuance to make them suit commitments made in the CPTPP.
The list names 8 laws and 4 Government’s decrees that needto be amended and supplemented, and proposes issuing seven new documents (six decreesand one Prime Minister’s decision). The list also recommends participation inthree international treaties.
During the enforcement of the CPTPP, the Government willcontinue to review legal documents to make timely amendment and supplement.
At the working session, Deputy Prime Minister and ForeignMinister Pham Binh Minh presented a report explaining in details the CPTPP andrelevant documents.
Legislators also heard an assessment report on the CPTPP ratificationdelivered by head of the NA’s Committee for External Relations Nguyen Van Giau.
They then discussed in groups this issue.-VNA
Vietnam and 10 other member states signed the CPTPP inSantiago, Chile, on March 8, 2018. The 11 member states of the deal are Australia,Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru,Singapore and Vietnam.
The President’s proposal stressed that the early joining andratification of the CPTPP would demonstrate Vietnam’s strong commitments toreform and comprehensive and extensive and intensive international integration.
Besides, through the pact, Vietnamcan affirm its important role and geographical-political position in Southeast Asia and Asia-Pacific at large, while advancingits position within the Association of Southeast Asian Nations (ASEAN), in theregion and the international area.
Specifically, in the context of rapid, complex and unforeseeablechanges in the global and regional political and security situation, the CPTPPmembership will enable Vietnam to improve its internal strength to cope with challenges,and consolidate its position so as to realise the foreign policy ofindependence, self-reliance, multilateralisation and diversification ofrelations in tandem with enhancing national defence and security, the documentreads.
Once put into force, the agreement will contribute todeepening relations between Vietnam and other CPTPP member countries,especially those having strategic partnership with Vietnam.
The proposal also pointed out the benefits along with challengesto be brought by the free trade deal to socio-economic development, Statebudget and the finalisation of legal and institutional frameworks.
It said the opening-up of economic activities, along withregulations in labour, transparency and anti-corruption, requires Vietnam totake the initiative and make greater efforts in completing legal regulationsand establishing management mechanisms that both match international treatiesand ensure political-social stability.
The Government proposes ratifying the CPTPP and relateddocuments at the sixth session of the 14th NA without anyreservation.
To ensure the implementation of the agreement, theGovernment has instructed concerned ministries and agencies to review andcomplete the list of laws, ordinances and decrees that need amendment,supplement and issuance to make them suit commitments made in the CPTPP.
The list names 8 laws and 4 Government’s decrees that needto be amended and supplemented, and proposes issuing seven new documents (six decreesand one Prime Minister’s decision). The list also recommends participation inthree international treaties.
During the enforcement of the CPTPP, the Government willcontinue to review legal documents to make timely amendment and supplement.
At the working session, Deputy Prime Minister and ForeignMinister Pham Binh Minh presented a report explaining in details the CPTPP andrelevant documents.
Legislators also heard an assessment report on the CPTPP ratificationdelivered by head of the NA’s Committee for External Relations Nguyen Van Giau.
They then discussed in groups this issue.-VNA
VNA
