The fate of TPP will be decided in a meeting in Vietnam in May

[Viet]

TPP members to decide its fate in May meeting in Vietnam

International Trade and Industry Minister Datuk Seri Mustapa Mohamed says eleven Trans-Pacific Partnership (TPP) members are expected to decide on the future of the pact in May.

By Bernama - February 16, 2017 @ 6:16pm

KUALA LUMPUR: Eleven Trans-Pacific Partnership (TPP) members are expected to decide on the future of the pact in May this year during the Asia-Pacific Economic Cooperation (APEC) trade ministerial meeting in Vietnam.

International Trade and Industry Minister Datuk Seri Mustapa Mohamed said the TPP-related ministers from the pact were expected to meet during the meeting to decide on the next course of action.

He said Malaysia was open to any proposals in relation to the TPP, whether forging bilateral agreements or forming a new pact without the US, but the decision would hinge on mutual understanding achieved during the meeting.

“Bilateral is one, and the pact among 11 (countries) is another, but it will require fairly massive renegotiations (among members) on many issues and it will be tough.

“Perhaps bilateral (agreements) with a few countries that we don’t yet have bilateral agreements with, including Canada, Mexico and Peru, is a better option,” he told reporters following a Chinese New Year networking session with the private sector hosted the Ministry of International Trade and Industry and its agencies, here today.

On Jan 23, US President Donald Trump signed an executive order to withdraw the US from the TPP, after five years of negotiations.

The 11 TPP member states are Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam.

Commenting on the fourth quarter gross domestic product (GDP) growth, which stood at 4.5 per cent, he said the ministry would continue to work hard to spur investment and trade growth.

“This requires us to be more aggressive in investment promotion and commerce where we must ensure that Malaysia can continue to attract investment while improving domestic investment.

“We have seen commendable export growth in November and December, which has contributed to good GDP growth in the fourth quarter and we expect this trend to continue this year,” he said.--BERNAMA


http://www.nst.com.my/news/2017/02/213016/tpp-members-decide-its-fate-may-mustapa

 

[Suika]

Some US politicians still want TPP to succeed. The idea is that the remaining 11 countries would pass it and then the US would join back in at a later time. Not likely but not impossible.

 

[faithfulguy]

Some US politicians still want TPP to succeed. The idea is that the remaining 11 countries would pass it and then the US would join back in at a later time. Not likely but not impossible.

True. But not USA under Trump. Trump will never join TPP.

 

[Suika]

True. But not USA under Trump. Trump will never join TPP.

Probably so. But Trump has changed positions before. I think he had to cancel US participation in TPP to honor one of his presidential campaign promises. But he did change on some things. Such as his perspective on Japan. During the presidential campaign, he was very critical of Japan, including saying things like how Japan should defend themselves and thaqt the US gets a bad deal for stationing US troops in Japan for Japan's defense. But on Abe's visit to the US with Trump after Trump's inauguration, Trump was very positive towards Abe. In the press conference held by both Trump and Abe, Trump thanked Japan for hosting US forces. It's quite a turn around. TPP will of course be harder for Trump to turn around and accept, but I still won't rule out the possibility. Although certainly after at least 2 years, if he does.

 

[Viet]

Some US politicians still want TPP to succeed. The idea is that the remaining 11 countries would pass it and then the US would join back in at a later time. Not likely but not impossible.

I would be VERY surprised if Trump does. you know the US is very important consumer market for every exporting nation, especially for a developing country as VN. you are living in JP? how are things going there? are you running to a bunker when Kim launches missiles?

 

[Suika]

I would be VERY surprised if Trump does. you know the US is very important consumer market for every exporting nation, especially for a developing country as VN. you are living in JP? how are things going there? are you running to a bunker when Kim launches missiles?

Yeah I live in Japan. About 5 years now Kim launches are of course a concern, but everything he's got can be intercepted by Aegis destroyers so, still feeling pretty safe. Although that New missile type launched in February changes the game a bit. Maybe I better get a bunker prepared. I would also be surprised if TPP passes with US participation but I can't call it impossible just yet.

 

[samsara]

Probably so. But Trump has changed positions before. I think he had to cancel US participation in TPP to honor one of his presidential campaign promises. But he did change on some things. Such as his perspective on Japan. During the presidential campaign, he was very critical of Japan, including saying things like how Japan should defend themselves and thaqt the US gets a bad deal for stationing US troops in Japan for Japan's defense. But on Abe's visit to the US with Trump after Trump's inauguration, Trump was very positive towards Abe. In the press conference held by both Trump and Abe, Trump thanked Japan for hosting US forces. It's quite a turn around. TPP will of course be harder for Trump to turn around and accept, but I still won't rule out the possibility. Although certainly after at least 2 years, if he does.

Those issues are quite different. Changing Trump's perspective on Japan or the One-China Policy is more to some "wild or even rude" political gamesmanship to win some economical favors in the sense Trump never really mean to implement them from the beginning (more to "bluffing" and in the past Trump made his fortunes mostly as properties speculator and had filed bankruptcies few times), does not directly and/or immediately affect the livelihood of the American people if any, while changing his stance on the TPP by adopting it will quite adversely affect the job opportunities of the American working class right immediately. In case of the TPP adoption, the clear winner in the USA is the US' BIG [TRANSNATIONAL] CORPS, all or most of other components in the American society will be the losers!

 

[shadows888]

New poll has Trump approval rating at 37%, Obama at 55%
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David M Jackson, USA TODAY
2 months ago
At this point at least, many voters don't have much confidence in Donald Trump's presidential abilities, a new poll says.


Trump "will be a worse president than Barack Obama, 45% of voters say, while 34% he will be a better president and 15% percent say he will be about the same, according to the Quinnipiac University Poll released Tuesday.

Trump enters office on Jan. 20 with a favorable rating of 37%, the poll said; Obama exits the White House with an approval rating of 55%.

"President Barack Obama leaves the White House a lot more popular than Donald Trump is as he crosses the threshold and saddles up for the most important job in the world," said Tim Malloy, assistant director of the Quinnipiac University Poll.

https://www.google.com.vn/amp/amp.usatoday.com/story/96397974/

what does this have to do with TPP?

 

[samsara]

what does this have to do with TPP?

And moreover the poll and many other polls are/were conducted by the Fake News (TM) manufacturers with dubious polling methodologies, so no wonder the poll results are skewing to anti-Trump views. If one digs, there have been many dubious polls earlier.

In other news, one can read that Barack Hussein Obama --the most golf-playing president-- is regarded as one of the worst presidents in the US history. So many references that I'll stop short from posting any one just look at "Barack Hussein Obama the worst president"

 

[Suika]

Those issues are quite different. Changing Trump's perspective on Japan or the One-China Policy is more to some "wild or even rude" political gamesmanship to win some economical favors in the sense Trump never really mean to implement them from the beginning (more to "bluffing" and in the past Trump made his fortunes mostly as properties speculator and had filed bankruptcies few times), does not directly and/or immediately affect the livelihood of the American people if any, while changing his stance on the TPP by adopting it will quite adversely affect the job opportunities of the American working class right immediately. In case of the TPP adoption, the clear winner in the USA is the US' BIG [TRANSNATIONAL] CORPS, all or most of other components in the American society will be the losers!

I agree that the issues are quite different. My example only serves as that, an example. Although his references to Taiwan were over a much shorter period of time. His criticisms of Japan has been for longer than a year in his presidential campaign, since his announcement of his bid to campaign in the summer of 2015 all the way down to the election in November 2016. So it is also different than the example with Taiwan in which he only mentioned the One-China policy at a brief time that was only during his president-elect period.

Trump is somewhat overestimated in his capacity to influence in what goes on. Naturally his cabinet and surrounding people will have an influence. US grand strategy in the western Pacific has been pretty the same, i.e., maintain forces in Japan (particularly in Okinawa), protect Taiwan, and so on. One president cannot change US grand strategy in the region. Very clearly, his Secretary of Defense, Mattis, favors the continued strategy. Since TPP would go along with US grand strategy in the western Pacific, it is not impossible to see it make a return.

 

[Viet]

Yeah I live in Japan. About 5 years now Kim launches are of course a concern, but everything he's got can be intercepted by Aegis destroyers so, still feeling pretty safe. Although that New missile type launched in February changes the game a bit. Maybe I better get a bunker prepared. I would also be surprised if TPP passes with US participation but I can't call it impossible just yet.

Aegis destroyer is a good stuff. My dream for Vietnamese navy in the time to come

Trump is welcome to make U-turn. the worst thing that can happen is he will lose face but he will rescue the superpower status of America in the western pacific.

 

[Suika]

Aegis destroyer is a good stuff. My dream for Vietnamese navy in the time to come

Trump is welcome to make U-turn. the worst thing that can happen is he will lose face but he will rescue the superpower status of America in the western pacific.

Vietnam's GDP is growing fast. And Vietnam has new and growing defense relations with India, the US, and Japan. And Vietnam just got 6 new subs from Russia. I'm sure Vietnam will begin to a powerful military. The last couple of years are just the start. So with economy and new defense relations, well it might take awhile to get something like Aegis, but I'd expect more new toys for Vietnam from now on.

US naval ships visited Vietnam for the first time in 21 years on October 2nd, 2016.

baodauthau.vn/quoc-te/tau-ten-lua-dan-duong-my-lan-dau-tham-vinh-cam-ranh-27732.html


JMSDF ships visited Cam Rahn for the first time in April 2016.
tuoitrenews.vn/politics/34256/japanese-naval-ships-arrive-in-vietnam

 

[bbccdd1470]

Those issues are quite different. Changing Trump's perspective on Japan or the One-China Policy is more to some "wild or even rude" political gamesmanship to win some economical favors in the sense Trump never really mean to implement them from the beginning (more to "bluffing" and in the past Trump made his fortunes mostly as properties speculator and had filed bankruptcies few times), does not directly and/or immediately affect the livelihood of the American people if any, while changing his stance on the TPP by adopting it will quite adversely affect the job opportunities of the American working class right immediately. In case of the TPP adoption, the clear winner in the USA is the US' BIG [TRANSNATIONAL] CORPS, all or most of other components in the American society will be the losers!

True, if people had followed the election in last year, most of the working class people in America are against TPP. I hardly think Trump will change this position.

 

[Viva_Viet]

what does this have to do with TPP?

It means that the way Trump handling US economy is idiot, more and more US pple feeling disappointed wt Trump. stop TPP is one of the reason make US economy get worst.

Robot & CNese workers taking away US jobs, not VN or other TPP nations. So, cacelling TPP only make US get worsen.

 

[Viet]

Vietnam's GDP is growing fast. And Vietnam has new and growing defense relations with India, the US, and Japan. And Vietnam just got 6 new subs from Russia. I'm sure Vietnam will begin to a powerful military. The last couple of years are just the start. So with economy and new defense relations, well it might take awhile to get something like Aegis, but I'd expect more new toys for Vietnam from now on.

US naval ships visited Vietnam for the first time in 21 years on October 2nd, 2016.

baodauthau.vn/quoc-te/tau-ten-lua-dan-duong-my-lan-dau-tham-vinh-cam-ranh-27732.html


JMSDF ships visited Cam Rahn for the first time in April 2016.
tuoitrenews.vn/politics/34256/japanese-naval-ships-arrive-in-vietnam

he he he ...despite a difficult past with the US, maintaining balance of power is important, while keeping VN military capacity to a level that a potential aggressor thinks twice before act. VN national security is at risk if not doing so. I think VN government is determined to go ahead with TPP with other 10 members, especially with Japan, Australia and Chile.