Extract from “Spotlight: TPP not all roses for Vietnam”

At least 10 TPP’s goods and services commitments are higher than WTO’s, said Luong Van Tu, former Vietnamese Deputy Minister of Trade. The commitments involve export tariffs, opening up of services and investment for foreign investors, state agencies’ procurement market, state-owned enterprises’ operation according to market mechanism, intellectual property protection, trade in connection with environmental protection, electronic commerce, transparency and anti-corruption, working conditions, and allowing investors to sue governments in certain special cases.

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