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TPP failure would cost the US trade dominance

TTP and TTIP is the same coin with two faces. What should happen in the EU cannot be any better for the Pacific region, certainly for a underdeveloped country such as Vietnam. Otherwise I have a nice bridge in Hamburg for sale.

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Vietnam is quite underdeveloped in the political spectrum. The power has to be with the people, otherwise, you get Vietnam and China.

Where do you live ?
Canada bro.

TPP is good for Canada and Vietnam.
 
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Vietnam is quite underdeveloped in the political spectrum. The power has to be with the people, otherwise, you get Vietnam and China.


Canada bro.

ORly? The power in Vietnam is with the people? Did any ordinary Vietnamese have the right to read the contract they are about to be subject to? No? :lol:
 
http://www.counterpunch.org/2015/07/31/the-tpp-trade-deal-of-sovereignty-and-secrecy/

, show me the whole contract in full and in Vietnamese. I have Viet friends who can read it.
Full contract in VN
http://m.thuvienphapluat.vn/vn/hiep-dinh-TPP//11607/toan-van-noi-dung-hiep-dinh-tpp

What is your stance against TTIP ? Is that TTIP negociate like behalf of EU not its member countries? I don't think current EU CAP system is benefit for many of its members

http://ec.europa.eu/trade/policy/in-focus/ttip/about-ttip/questions-and-answers/
 
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Full contract in VN
http://m.thuvienphapluat.vn/vn/hiep-dinh-TPP//11607/toan-van-noi-dung-hiep-dinh-tpp

What is your stance against TTIP ? Is that TTIP negociate like behalf of EU not its member countries? I don't think current EU CAP system is benefit for many of its members

http://ec.europa.eu/trade/policy/in-focus/ttip/about-ttip/questions-and-answers/

Soon, it will be more affordable to own Japanese sportsbike because we can directly import them without those silly tax.

My dream can come true soon:

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http://www.bangkokpost.com/news/general/996517/thais-ready-to-join-tpp

Thais 'ready to join TPP', Good outweighs the bad, says Somkid

Prime Minister Somkid Jatusripitak said Tuesday Thailand will apply to join the US-led Trans Pacific Partnership (TPP) as soon as possible. He made the commitment when he delivered the keynote speech at...

Please credit and share this article with others using this link: http://www.bangkokpost.com/news/general/996517/thais-ready-to-join-tpp. View our policies at http://goo.gl/9HgTd and http://goo.gl/ou6Ip. © Post Publishing PCL. All rights reserved.



http://m.voanews.com/a/thailand-tipping-towards-tpp/3356750.html

Thailand Tipping Towards TPP

BANGKOK —
Thailand's military-led cabinet could formally agree as soon as next week to pursue Trans-Pacific Partnership (TPP) membership after clear signals from cabinet members in favor of joining history's most expansive trade agreement.

Deputy Prime Minister Somkid Jatusripitak told Japanese business leaders in Tokyo that Thailand would ask Japan for its support in joining the U.S.-led trade pact when it considers additional members in 2018.

Commerce Minister Apiradi Tantraporn, who leads a TPP preparation committee, also said Tuesday the kingdom needs to improve its competitiveness to prepare to join the trade pact. After a visit to Washington in April, Apiradi said the U.S. government had encouraged Bangkok to modify rules and regulations in numerous sectors if it wants to become a signatory.

Thai diplomatic officer Jesda Tivayanond, who is attached to the prime minister's office, told VOA on Wednesday that Prime Minister Prayuth Chan-ocha is to meet next week with his international economic advisory team to discuss Thailand's TPP membership application.

A formal TPP decision by the cabinet could occur during its June 8 meeting, according to government officials.

Speaking at an event in late March organized by the U.S.-ASEAN Business Council and the U.S. Chamber of Commerce, Prayuth noted, “eventually we will have to join the TPP,” but he gave no timeline...
 
Good,none TPP nations will collapse faster when losing more trading market :cool:
 
U.S.-Led Trade Pact Will Fail Without China: Sri Lanka PM

Rosalind Mathieson RosMathieson
July 18, 2016 — 9:30 PM IST
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  • China, India not part of U.S.-led Trans-Pacific Partnership
  • Prime Minister Wickremesinghe speaks in Singapore interview
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A U.S.-led trade pact that would cover about 40 percent of the global economy won’t be successful unless it includes China and India, Sri Lankan Prime Minister Ranil Wickremesinghe said.

Speaking in an interview in Singapore, Wickremesinghe also said he doubted the 12-nation Trans-Pacific Partnership would pass the U.S. Congress in a so-called lame-duck session after the November presidential election. That would raise the risk of the pact,opposed by both Donald Trump and Hillary Clinton, getting stuck in Congress.

Wickremesinghe said Sunday that even if TPP was ratified by all members -- a list that includes Australia, Japan, Singapore and Vietnam -- the deal faced failure in the long term unless China and India were involved. So far, neither country is.


“China is already developing its own systems of trading and bilateral assistance” such as the Asian Infrastructure Investment Bank, said Wickremesinghe, who noted that India was the growth engine for the world’s fastest-expanding region. “The hard fact is that any agreement in Asia must include India and China," he said. “You can’t have it outside that, it’s not going to work.”

Competing Deals


pushing the Regional Comprehensive Economic Partnership, a 16-country trade deal that aims to unify a market of more than 3 billion people and is seen as a counterweight to TPP. Chief negotiators on the RCEP, which includes India, are meeting in Jakarta on Monday and Tuesday.


The TPP has been a centerpiece of U.S. President Barack Obama’s economic and military rebalancing to Asia. The World Bank estimates the pact could raise gross domestic product by an average 1.1 percent in member countries by 2030.

The agreement goes beyond typical trade deals that mostly focus on reducing tariffs and highlights stricter safeguards for patents and a more level playing field for companies that compete with government-backed businesses.


Such rules would reduce the policy space for India and may force it to implement sweeping structural reforms, the nation’s trade minister, Nirmala Sitharaman, said in February. China has criticized the TPP as the economic component of a U.S. plan to contain it.

Sri Lanka has said previously it is looking at further steps to liberalize its economy that are needed to join the TPP.

Differing Views
Trump, the presumptive Republican presidential nominee, has rejected the TPP as a “rape" of America. "It’s a harsh word, but that’s what it is -- rape of our country,” he said last month.

Democratic candidate Clinton, who supported the TPP as Obama’s secretary of state, has since said the final deal "doesn’t meet standards" because it won’t increase wages for middle-class Americans.

As anti-globalization undercurrents influence the U.S. elections, the prospect that U.S. lawmakers seek to amend the TPP has increased. Other countries, including Japan, have said they wouldn’t accept a modified pact.

For an explainer on free trade tensions, click here

Wickremesinghe said his country had no special view on the U.S. elections. “But I think the two candidates have far different views on the relationship in Asia and it has to be worked out,” he said.

“The U.S. has a role, but I think the U.S. has to define what that role is," Wickremesinghe said. "It didn’t happen under the Obama administration, so a lot will depend on what happens at the next presidential election.”

http://www.bloomberg.com/news/artic...-to-sink-without-china-sri-lanka-premier-says
 
Hillary Clinton: I Oppose TPP Now, I’ll Oppose It as President
http://www.bloomberg.com/politics/v...ppose-tpp-now-and-i-ll-oppose-it-as-president
both candidates strongly oppose TPP. TPP is technically dead now.

TPP definitely hurts US interests. US hope to use TPP to support member countries to compete with China and degrade Chinese economical potential. However, even with the sacrifice of USA, the damage to Chinese economy by TPP is very limited since Chinese economy is more and more domestically oriented and China trade is more diversified.
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Trade with TPP members excluding USA can be nearly ignored. US trade with TPP member countries is less than US-China trade.
 
I don't believe any word come from her mouth due to her reputation. Remember how her cheating husband was used to against NAFTA during his election campaign and turned against his own words immediately after became President. Hillary is a puppet of US Global Corporations and she has been receiving huge funds from them, so tell me how could she turn against her master's order, except lie through her teeth to ideal voters for vote.
 
Why isn't she in jail yet? I can't believe the US has to choose between the the deceiving criminal and the bigoted orange. Either way, they lose.
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That is the strength of US democracy. Or some would say, it is a weakness.

Now, the choice is down to two - Hillary and Trump. Actually, it is not much of a choice, right?

In western democracy, it's always a cycle of elect then regret for 3 to 4 years and then repeat the cycle.

Before the election, candidates will promise (or lie) everything they can get away with.

Also, the person who gets elected is the person who is best at bullsh*ting. And many times, we find that this person is good at talking but not doing.

Okay, enough of my rambling!
 
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