State President welcomes US Trade Representative

State President Truong Tan Sang agreed with Mr. Froman that the TPP negotiations are progressing soundly, and affirmed that Viet Nam will do its best to narrow the development gap between other countries in the region.

He asserted that Viet Nam will also adopt international criteria and standards, including those set out by the International Labour Organisation, of which Viet Nam is a member.

Viet Nam and the US will continue their discussions to reach agreement on existing differences, the President said.

He also called upon the US to fully lift its ban on arms sales to Viet Nam in a timely manner.

For his part, the guest leader called on Viet Nam to comply with the international regulations on intellectual property, the environment and labour, which would facilitate the timely conclusion of the Trans-Pacific Partnership.

Once the deal is signed, Viet Nam will see a number of benefits, including stronger inflows of investment, he said.

Mr. Froman praised the Vietnamese fishermen for establishing a fisheries union, saying that the move benefitted the ongoing TPP talks.

He assured the host of the US’s continued support for Viet Nam on its path to becoming a prosperous economy deeply integrated into the global market./.

By Kim Loan