Vietnam to delay TPP ratification

AFP, HANOI: Vietnam will delay ratifying the Trans-Pacific Partnership (TPP) until after the US elections, a lawmaker said yesterday, in the latest blow to the massive trade pact.
Prospects that the 12-country deal could be ratified in Washington this year have dimmed, with US lawmakers casting doubt on whether  President Barack Obama’s signature Pacific trade deal will receive substantial backing or even come to a vote. 
Both US presidential hopefuls Donald Trump and Hillary Clinton have said they oppose the TPP, raising questions about the future of the pact come the November ballot.  Vietnam, which stands to gain enormously from the trade deal that spans 40 per cent of the world’s economy, had set a July target to approve it, according to the government’s website. 

Vietnam to delay TPP ratification

AFP, HANOI: Vietnam will delay ratifying the Trans-Pacific Partnership (TPP) untilafter the US elections, a lawmaker said yesterday, inthe latest blow to the massive trade pact. Prospects that the 12-country deal could be ratified in Washington this year have dimmed, with US lawmakers casting doubt on whether President Barack Obamas signature Pacific trade deal will receive substantial backing or even come to a vote. Both US presidentialhopefuls Donald Trump and Hillary Clinton have saidthey oppose the TPP, raising questions about the future of the pact come the November ballot. Vietnam, which stands to gain enormously from the trade deal that spans 40per cent of the worlds economy, had set a July target to approve it, according to the governments website.