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Vietnamese Prime Minister Nguyen Xuan Phuc said on Tuesday he would sign deals for U.S. goods and services worth $15 billion to $17 billion during his visit to Washington, D.C., mainly for high technology products and for services.

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Mr. Adam Sitkoff, Managing Director of the American Chamber of Commerce (AmCham) in Vietnam, talks with VietNamNet’s Dieu Thuy about trade and investment between Vietnam and the US on the occasion of Prime Minister Nguyen Xuan Phuc’s visit to the US.

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The other 11 member countries of TPP have decided to move ahead without the US, which once took the leading role in the deal.

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There was clearly huge pressure on India to conclude negotiations this year and to make major concessions in goods, services and investment at the ministerial of the Regional Comprehensive Economic Partnershipin Hanoi (May 21-22).

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Prime Minister Narendra Modi and Russia President Vladimir Putin are expected to discuss a proposed free trade agreement (FTA) between India and the Russia-led Eurasian Economic Union (EAEU) at a summit meeting on 1 June amid signs that India may oppose including e-commerce in the pact.

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Prime Minister Nguyen Xuan Phuc’s three-day official visit to the United States, which begins on May 29, is seen as an opportunity to reaffirm that Vietnam is an important partner of America in the Asia-Pacific region.

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The Vietnamese government policy to divest itself of these enterprises is twofold, said speakers at a recent forum in Hanoi discussing the country’s preparedness for the Vietnam-EU free trade pact that is on track to come into force in 2018.

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The India–Australia Comprehensive Economic Cooperation Agreement — or Free Trade Agreement in Australian parlance — took a tremendous blow on 19 April 2017.

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Eleven American allies and friends met on the sidelines of the Asia-Pacific Economic Cooperation meeting in Hanoi last weekend in an effort to keep alive the Trans Pacific Partnership (TPP), the trade agreement they thought they had locked up with the United States last year. All the countries trade with China, which is not a TPP member, but none wants to be sucked into the China-centric future Beijing is trying to will to life through TPP-ish substitutes like the Regional Comprehensive Economic Program and “One Belt One Road” initiative.

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The seventh round of negotiations on free trade agreement (FTA) between Pakistan and Turkey would be held from June 6-7 in Turkey in order to finalise the agreement.

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