Vietnam Set to Delay Vote on TPP Pact as U.S. Election Nears
- Members of TPP agreement watching for U.S. election impact
- Congress potentially has small window to ratify trade deal
AIA's Konyn: Any Trade Deal Is Political at Its Core
This article is for subscribers only.
Vietnam is set to delay ratifying a massive U.S.-led Pacific trade pact until next year, as anxiety rises over the fate of the deal in Congress with America’s presidential election campaign exacerbating an anti-free trade mood.
Ha Ngoc Chien, head of a parliamentary committee, suggested the National Assembly hold off on a vote on the 12-nation deal during the next session starting Oct. 20, “because many countries in the world haven’t approved it so we shouldn’t take the lead,” according to the National Assembly website. The deal is not currently on the agenda for parliament’s fall agenda.