Minister of Industry and Trade Nguyen Hong Dien led the Vietnamese delegation to the ninth meeting of the Commission of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and related activities, held in Australia on November 21.
During the two-day meeting, participants deliberated on core issues shaping the future of the CPTPP. These included reviewing clauses for upgrading the agreement, discussing Costa Rica's accession process, considering negotiations with new economies, and evaluating the implementation of the agreement, including challenges and proposals for improving coordination mechanisms.
A notable highlight was Vietnam's presentation of its organizational plan and priority areas for 2026, when the country will take over the CPTPP Chairmanship. Vietnam’s proposal to establish a CPTPP support unit to help address resource constraints received strong backing and unanimous endorsement from member economies.
The session adopted the Joint Statement of the ninth CPTPP Commission and agreed to open accession negotiations with Uruguay. Negotiations with the United Arab Emirates (UAE), the Philippines and Indonesia are set to commence in 2026 when conditions permit.
On the sidelines of the session, Minister Dien held bilateral meetings with ministers and senior officials from New Zealand, Japan, the United Kingdom, and the European Union. These meetings focused on promoting trade and investment, coordinating in upgrading CPTPP negotiations, and exchanging important economic policies of each partner.
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