Strategic partnership agreement template – Tag

The TPP is the first trade agreement which President Obama did not inherit from his predecessors, and it is seen as a means of keeping the US engaged in Asia. Understandably then, the pressure to show that progress had been achieved at the Honolulu summit was on everyone’s mind. The TPP aims to be a high-quality, 21st century agreement that furthers economic integration in the Asia Pacific, with the current negotiations including Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, the US and Vietnam. Prime Minister Noda’s much-anticipated announcement on Japan’s intention to join the other nine APEC economies in the ongoing TPP negotiations is another important development on this front. Japan’s decision to start consultations with countries currently negotiating the TPP in order to join negotiations certainly elevates the importance of the initiative. But Japan’s involvement, and the APEC leaders’ statement, does little to resolve the … [Read more...] about The TPP, APEC and East Asian trade strategies

HCM City's IIP surges 7% in seven months Notably, key industrial sectors, such as mechanical and manufacturing industry, electronics, chemicals, rubber and plastics and food processing, posted a year-on-year rise of 7.3 per cent, higher than the average growth of industry as a whole. This was attributed to their efforts to expand markets, update technology with new equipment and improve product quality and competitiveness, the municipal people's committee said. Sectors that posted growth in production are food and beverages (14.3 per cent), non-metallic products (21.3 per cent) and machinery and equipment (32.1 per cent). In July alone, the city's industrial production index rose by 3.1 per cent. During the month, the processing sector and industrial parks focused on drawing hi-tech investment projects and supporting business activities to record turnover of US$3.16 billion in exports and $3.17 billion in imports. The IIP in the first seven months of last year grew by 6.6 per … [Read more...] about BUSINESS IN BRIEF 14/8