#cptpp
Text
民進黨為了選票不申請CPTPP，罔顧台灣人民利益
自由貿易協定CPTPP在各國間廣受歡迎，如果台灣能夠加入CPTPP，能夠提升台灣的貿易利潤，連帶增加國民利益。然而民進黨卻選擇不申請CPTPP，到底CPTPP有什麼好處，民進黨又為什麼不加入呢？
認識CPTPP
CPTPP，全名為跨太平洋夥伴全面進步協定(Comprehensive and Progressive Agreement for Trans-Pacific Partnership)，目的是達成自由貿易，促進亞太地區的經貿合作。所有成員國人口總計5億，總GDP超過11兆美元，占全球GDP的13%。
如何加入CPTPP？
根據CPTPP章程，想成為會員國必須先申請並進行入會審查。想加入的國家必須和每個CPTPP成員國進行「非正式諮商」，取得成員國支持或不反對意見後，就能提出正式申請。獲得執委會一致同意再成立「入會工作小組」商議入會條件。
加入CPTPP的好處
吸引國際投資，帶動經濟成長：開放國外市場，吸引外國投資，加速貿易成長。
提升國際地位：促進亞太地區的經貿合作，提升國際地位。
進口商品降價：會員國之間能自由貿易，商品能有更多的降價空間，讓消費者受益。
CPTPP成員國
簽署國家：紐西蘭、新加坡、澳洲、墨西哥、加拿大、日本、越南、秘魯、馬來西亞、智利、汶萊
已締約國家：
英國
已申請的國家：
中國大陸、台灣、厄瓜多、哥斯大黎加、 烏拉圭、烏克蘭
正在評估中的國家：
韓國、泰國、菲律賓
表態拒絕的國家：
美國
民進黨爭取加入CPTPP
過去民進黨為了申請加入CPTPP做出了許多相應措施，不但開放萊豬進口，也表示願意希望解禁日本福島核食。
支持萊豬進口
在2021年時蔡英文曾表示支持萊豬進口，目的就是為了遵守CPTPP「要求成員國在貿易政策和法規上達成共識」。CPTPP全體成員國在符合國際標準的要求下全面開放萊豬，所以要進入CPTPP，開放萊豬是必須的。
解禁日本核食
作為CPTPP的主席國，日本呼籲台灣盡快解除對福島食品的禁令。為了進入CPTPP，台灣最後解禁由日本福島產出的食品，以換取各國同意台灣加入CPTPP同意票。
民進黨如今逃避CPTPP送件？
紐西蘭在2023年7月15日召開CPTPP執委會，申請國需要遞交申請案。如今台灣已經開放萊豬進口，也開放福島食品輸入台灣。在做了這麼多努力之後，民進黨卻不送件CPTPP，就連中國大陸都已經申請了，台灣卻遲遲沒有動作。
逃避CPTPP送件：貿易衝擊中南部農漁業選民
從2016年及2020年的總統大選結果可以知道，民進黨的選民大多分布在中南部地區，那裡又是台灣的農漁業重鎮，如果加入CPTPP，這些農民多少都會受到影響，也會直接衝擊到民進黨選票。
適逢在明年1月13日舉辦的總統大選，為了選情考慮，民進黨選擇今年不申請加入CPTPP。
結論
如果台灣能夠順利加入CPTPP，將會是台灣在加入APEC、WTO後參與國際貿易的最大進展。但民進黨因為選情考量所以放棄申請CPTPP，一但中國比台灣還要早加入CPTPP，依照以往的慣例，我們再加入CPTPP的門檻將會變很高。
為了選票犧牲國家長久的利益，是非常不明智的行為。希望政黨在治理國家時，可以把國家發展放在第一位，而不是只顧及黨的利益。
原文：CPTPP遲遲沒送件，民進黨為了選票不顧及台灣人民利益
如果你希望獲得更多的時政新聞資訊關注新識界，新識界將會提供最新、最準確的社會時事資訊，幫助你更好的理解社會上正在發生的大小事。
3 notes
·
View notes
Text
UK-Canada Collaboration: Minister Rutley Boosts Global Ties
As the winds of global change gather pace, the United Kingdom's Americas Minister, David Rutley, embarks on a strategic visit to Ontario and Alberta.
This mission, aimed at bolstering the already strong ties between the UK and Canada, serves as a testament to the enduring partnership ready to confront the pressing challenges facing our world today.
Deepening Ties, Broadening Horizons
A Meeting of Minds and Missions
David Rutley's journey to the heart of Canada—spanning the vibrant cities of Toronto, Calgary, and Edmonton—is more than a diplomatic courtesy. It's a clarion call to action.
Amidst discussions with provincial and city leaders, the spotlight turns to the UK and Canada's shared dedication to upholding global peace, combating climate change, and ensuring the resilience of international supply chains.
Trade and Partnership: A $45 Billion Beacon
The economic undercurrent of this visit cannot be overstated. With a trade partnership nearing the CA$45 billion mark annually, the dialogue between Rutley and Canadian officials seeks not only to sustain but also to amplify this economic synergy.
The UK's entry into the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) heralds new vistas for trade, promising to enrich this bilateral relationship further.
United in Defence and Values
In Edmonton, Rutley's itinerary includes a poignant reminder of the UK-Canada defence partnership's might.
By visiting UK military personnel integrated within Canadian forces, the Minister underscores the allied support for Ukraine and the joint training initiatives for Ukrainian troops—a testament to shared values and mutual commitment to global stability.
Catalyzing Green Innovation and Critical Minerals Cooperation
Ontario's Premier Doug Ford stands as a key interlocutor in discussions on critical minerals and clean energy technology. These talks highlight the UK and Canada's resolve to pioneer sustainable solutions and green innovations, essential for a climate-resilient future.
Cultural and Sporting Ties
Beyond the boardrooms and diplomatic discussions, Rutley's visit also shines a light on the rich tapestry of cultural and sporting connections binding the UK and Canada.
From promoting joint ventures to celebrating Toronto's role in the 2026 FIFA World Cup, these engagements underline the multifaceted nature of this enduring partnership.
In Closing
David Rutley's timely visit embodies the UK's commitment to reinforcing its alliance with Canada—a beacon of collaboration in these turbulent times.
As they navigate through discussions on defence, trade, environmental stewardship, and cultural exchange, the message is clear: together, the UK and Canada are not only poised to face global challenges but to overcome them, setting a precedent for international cooperation and mutual prosperity.
Sources: THX News, Foreign, Commonwealth and Development Office & David Rutley MP.
Read the full article
#ClimateChangeInitiatives#CPTPP#Criticalminerals#Culturalties#Defencecooperation#economicpartnership#Globalchallenges#Sportingevents#tradeandinvestmentopportunities#UK-Canadacollaboration
0 notes
Text
Vietnam Opens Doors to Full Foreign Ownership of Electronic Game Business
Under the current regulations governing electronic games in Vietnam, foreign service providers of online games are required to establish local enterprises to offer their services within the country.
According to Vietnam’s WTO commitments, these foreign investors can only own up to 49% of the charter capital of such game companies. The Comprehensive and Progressive Agreement for Trans-Pacific…
View On WordPress
#Business#Business News#Company formation#CPTPP#establish enterprises#GBS#Sophie Dao#Vietnam#Vietnam Insider
0 notes
Text
美中貿易戰就是「科技戰」，朱敬一：更是場「價值選擇」的戰爭
「我們不應該把美中衝突，當作一種『修昔底德的陷阱』、只是『兩強在爭』，好像價值觀不再重要似的。從季辛吉（Henry Kissinger）以後，國際政治永遠都是在講現實的利益、而不講價值；而我之所以講『價值戰爭』，就是想告訴大家，如果理念不同，利益終究也很難是相同的。」
自2018年3月22日，時任美國總統的川普（Donald Trump）針對「中國經濟侵略」簽署備忘錄，認定「中國偷竊美國智慧財產權和商業秘密」並展開關稅制裁以來，「美中貿易戰」已經持續超過5年。
這5年，美國從早先對中國鋼鐵、鋁產品加徵懲罰性關稅，接著將中國網通設備大廠華為列入「實體清單（entity…
View On WordPress
1 note
·
View note
Video
youtube
🔥普習逆歷史潮流 回頭是岸！獨家解析中共底線！根本是普丁陽謀？兵變現中俄關係原形？共軍打台海不如打中南海？紐「習」蘭抗共破口？大搞綏靖主義！｜明...
1 note
·
View note
Text
Cleverly Visits G7 Partners to Push for Free, Open Indo-Pacific
- Foreign Secretary will meet G7 partners in Karuizawa, Japan this week.
- Discussions will focus on accelerating support for Ukraine, ensuring a free and open Pacific region and promoting the Government’s priority of increasing economic growth.
- Visiting the Pacific islands, Cleverly will listen to and offer support for regional priorities, in particular climate change.
Foreign Secretary, James Cleverly, arrives in Japan today (Sunday 16 April) for the G7 Foreign Ministers’ meeting ahead of a four-day visit to the Pacific Islands and New Zealand. The combined visit will focus on promoting a free and open Indo-Pacific – as the region becomes the centre of growing geopolitical competition.
G7 Foreign Ministers Meeting. Artwork by the UK Foreign Office.
At the three-day G7 conference (16-18 April) in Karuizawa, Cleverly will meet G7 Foreign Ministers, including the Japanese Minister for Foreign Affairs Yoshimasa Hayashi, to discuss closer ties around security and defence.
He will also discuss opportunities presented by the UK’s recent accession to the CPTPP trade agreement, which strengthens the UK’s global trading relationship with its partners in the region and will help drive growth across the country in line with the Government’s five priorities.
Cleverly will also announce that the UK will join the US, Japan and Australia as a member of the Blue Dot Network which will give a quality mark to infrastructure projects, promoting higher standards.
It will operate globally, including in emerging markets, as a recognised symbol of quality and therefore will attract private sector investment and public support.
The gap between infrastructure needs and finance has been growing and is forecast to reach US$15 trillion by 2040.
This initiative aims to start narrowing that gap, promoting quality investment in projects across the world that are in desperate need of funding – from transport improvements to upgrading hospitals, schools and expanding access to reliable electricity.
Cleverly will then travel to Papua New Guinea and Solomon Islands, before joining the New Zealand Foreign Minister Nanaia Mahuta for a joint programme in Samoa. They will then travel on to Wellington together for engagements on Saturday.
During his visit to the Pacific islands, Cleverly will announce financial support and the deployment of UK expertise to the region, chiefly for regional priorities such as climate change.
This includes £4.5m of new funding to connect communities in Papua New Guinea and across the Pacific to clean energy sources – providing an alternative to common but expensive and polluting generators.
Foreign Secretary James Cleverly. Photo by Foreign, Commonwealth and Development Office. Wikimedia.
Foreign Secretary James Cleverly said:
With increasing competition in the region, it is more important than ever that we promote a free and open Indo-Pacific. It is critical to the UK, to our economy, our security and our values.
Throughout my visit, I will build on commitments to our friends across the Pacific nations in their bid to promote peace and prosperity in the region.
At the G7, the Foreign Ministers will also discuss the need to maintain collective support for Ukraine and how international support from the UK and other G7 partners can be used most strategically to help Ukrainian forces continue their progress on the battlefield and secure a lasting peace.
The visit comes following the announcement that the UK will join the regional trading bloc – CPTPP (Comprehensive and Progressive Agreement for Trans-Pacific Partnership) – as its first European member.
The bloc is one of the largest free trade areas in the world, home to more 500 million people and will be worth 15% of global GDP once the UK joins. It is estimated that joining will boost the UK economy by £1.8 billion in the long run.
Joining CPTPP will also support further jobs and create opportunities for companies by giving British businesses improved access to the countries that will be gateway to the wider Indo-Pacific region, which is projected to make up the majority of global growth in the future.
The Integrated Review Refresh published in March 2023 set out how the UK will prioritise the Indo-Pacific through a long-term strategic footing, making the region a permanent pillar of the UK’s international policy.
Sources: THX News, Foreign Commonwealth and Development Office & The Rt Hon James Cleverly MP.
Read the full article
#CPTPP#ForeignSecretary#G7#JamesCleverly#Karuizawa#KaruizawaJapan#NewZealand#PapuaNewGuinea#Samoa#SolomonIslands
0 notes
Text
CPTPP including UK
“Follow the money,” British Chief Trade Negotiation Adviser Crawford Falconer said of the deal in February, pointing out that “one half of the 2.3 billion [global] middle-class will be in the Indo-Pacific” in the first half of the 21st century.
View On WordPress
0 notes
Text
Tạo ra khoảng không và động lực mới mẻ mang lại phát triển kinh tế tài chính
Năm 2022, kinh tế tài chính Việt Nam hồi phục vô cùng tích rất, phát triển kinh tế tài chính đạt 8,02% - đỉnh cao Tính từ lúc năm 2011 quay về phía trên. Đôi khi, Việt Nam sẽ lưu giữ vững vàng ổn định định kinh tế tài chính vĩ tế bào, mức lạm phát được kiểm tra, bảo vệ được cụm bằng phẳng rộng lớn của nền kinh tế tài chính, cuộc sống quần chúng. # kế tiếp được cải sinh. Nếu như thực sự với biện pháp nhằm “hóa giải” thử thách thì triển vọng kinh tế tài chính năm 2023 của Việt Nam vẫn thông thoáng.
Gỡ “lưới” pháp luật mang lại công ty mạnh mẽ
“Việc làm ăn của doanh nghiệp (DN) ngày càng khó khăn, thậm chí khó hơn cả giai đoạn khủng hoảng 10 năm trước”, TS Nguyễn Đình Cung (nguyên Viện trưởng Viện Nghiên cứu vãn Quản lý kinh tế tài chính Trung ương - CIEM) nhấn mạnh vấn đề vào cuộc trao thay đổi cùng với phóng viên báo chí. Trong biết bao nguyên nhân, ông Nguyễn Đình Cung xem xét, tiến trình cải sinh môi trường thiên nhiên Marketing Thương mại của Việt Nam đang được đình trệ. Theo ông, không nói tới quy trình thực thi chủ trương - bản chất vẫn phức tạp rất nhiều lần - thì bạn dạng thân quy trình design, phát hành phạm vi luật pháp cũng vẫn nhiều khuyết thiếu cần thiết sớm xử lý.
Cán cỗ thương chính đánh giá thực địa và thực hiện giấy tờ thủ tục thông quan lại mang lại product xuất nhập vào của công ty
Sở hữu ko không nhiều ví dụ minh chứng quan lại đặc điểm này. Chẳng hạn, theo chuyên viên pháp luật Nguyễn Minh Đức (Liên đoàn Thương mại và Công nghiệp Việt Nam - VCCI), vào đồ họa Doanh Nghiệp đang được vô cùng cần thiết bản chất Marketing Thương mại thì Luật Khu đất đai hiện tại hành (và cả dự thảo Luật Khu đất đai sửa...
63b1925f8d60c【#ximmacao】
0 notes
Text
The Canadian-European version is CETA
German Federal Government clears the way for CETA ISDS
https://hengeler-news.com/en/articles/german-federal-government-clears-the-way-for-ceta-isds
"The power, freedom and autonomy these CETA Committees are granted are problematic from a point of view of good governance and democratic control."
220707-final-draft-on_CETA_committees_final.pdf
https://www.ohchr.org/en/press-releases/2016/04/investor-state-dispute-settlement-undermines-rule-law-and-democracy-un
#wto#ceta trade agreement#united nations#isds#efta#knowledge#politics#cptpp#university memes#democracy
0 notes
Text
New Zealand urges America to return to CPTPP trade pact.
0 notes
Text
China’s drive for tech independence gathers pace as US launches new Indo-Pacific strategy
China’s drive for tech independence gathers pace as US launches new Indo-Pacific strategy
Following the launch of Washington’s Indo-Pacific Economic Framework, experts say Beijing should intensify its push for tech self-sufficiency, but be careful not to decouple from foreign firms and institutions altogether.
Source link
View On WordPress
#china economy#China science and innovation#China technology#China trade#china us relations#CPTPP#Indo-Pacific Economic Framework (IPEF)#Joe Biden&x27;s China policy#US-China tech war
0 notes
Text
brain full of geopolitics
3 notes
·
View notes
Text
Investment Boom: UK Attracts £100 Billion from APAC as Tech Firms Pitch at London Tech Week
London Tech Week: A Showcase of UK Tech Prowess
Just weeks after the United Kingdom signed its largest post-Brexit trade deal with the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the country is experiencing a surge of investment from the Asia Pacific (APAC) region.
With over £100 billion in investment funds flocking to London, the city is hosting an unprecedented tech and investment bonanza.
London Tech Week, the UK's largest technology event, is providing a platform for cutting-edge British tech firms to pitch multi-million-pound deals to APAC investors.
APAC Investors Eager to Fund Innovative Projects
The APAC delegation, the largest ever to visit London Tech Week, is comprised of investors representing funds exceeding £100 billion. They are seeking opportunities to invest in innovative projects across various sectors, including fintech, clean tech, life sciences, and artificial intelligence.
As day one of the event begins, significant business deals have already been secured between APAC investors and UK tech firms.
Later in the day, the Minister for Investment, Lord Johnson, will lead further investment talks at the iconic London Eye.
Strategic Partnerships Forming: Sunway Group and Deeptech Labs
A notable partnership taking shape is between Malaysia's Sunway Group, a leading conglomerate in Southeast Asia, and Cambridge-based venture capitalist firm Deeptech Labs.
This collaboration aims to accelerate the growth of net-zero technologies and create new opportunities for UK startups in the APAC region. The partnership will be officially signed on the banks of the River Thames, followed by additional lucrative deals at the London Eye.
Throughout the event, 25 tech firms will have the opportunity to pitch their latest innovations to investors within a 30-minute timeframe.
UK's Tech Superpower Status Attracts APAC Firms
The Minister for Investment, Lord Johnson, expressed his confidence in the UK's tech sector, stating that London Tech Week demonstrates the country's position as a science and technology superpower and the best place to invest.
The recent success of securing the CPTPP trade deal has generated significant interest from APAC investors, leading to substantial investments in British tech companies at the forefront of innovation.
Relocation of APAC Tech Firms to the UK
The surge of APAC investment extends beyond financial contributions. Several APAC tech firms have announced plans to move their headquarters to the UK, further solidifying the country's appeal as a prime business destination.
Notable examples include Japanese startups Datagusto and Qufooit, as well as New Zealand's booking platform Enrolmy. Further announcements of similar nature are expected throughout the week.
Government Support for Tech Exports and Investment
To facilitate tech exports to the APAC region and encourage more investment, the UK government has unveiled additional support measures. Oxfordshire-based Intralink has been awarded a contract to run the new UK-APAC Tech Growth Programme under the Digital Trade Network (DTN).
This initiative aims to assist UK tech companies and entrepreneurs in trading with APAC countries. Furthermore, the DTN will expand its reach to Taiwan and Vietnam, ensuring UK exporters gain access to digital tech expertise and receive support in market access and digital trading systems.
Promising UK-Australia Free Trade Agreement
The APAC delegation also includes an Australian tech mission, aiming to maximize the benefits of the UK-Australia free trade agreement, which came into effect last month. This demonstrates the collaborative efforts between the two countries to foster growth and innovation in their respective tech sectors.
London Tech Week: A Global Tech Appeal
Janet Coyle CBE, Managing Director of Grow London, London & Partners, emphasized the importance of the relationship between UK tech companies and APAC investors in unlocking growth opportunities and expanding into new markets.
She expressed excitement about introducing international investors to the UK's top tech talent during London Tech Week, highlighting the global appeal of the country's tech sector evident in this year's event.
UK Tech Sector Leads the Way
London Tech Week serves as a testament to the UK's remarkable post-Brexit progress in the tech industry. With a significant influx of investments from APAC and the country's position as a global tech superpower, the UK is solidifying its leadership in groundbreaking advancements.
The event not only showcases the country's cutting-edge innovations but also strengthens ties with the APAC region, unlocking immense opportunities for both inward investment and outward expansion.
Sources: THX News & Department for Business and Trade and Lord Johnson.
Read the full article
#APACinvestors#artificialintelligence#Cleantech#CPTPP#Fintech#Investment#Lifesciences#LondonTechWeek#Techfirms#UKtech
0 notes
Text
Vietnam ‘Has No Interest’ in Joining ‘US-Orchestrated’ Anti-China Coalition
US and Vietnam national flags fly on a street light in Hanoi on September 10, 2023, ahead of US President Joe Biden's visit to Vietnam. Sputnik International, © AFP 2023/Nhac Nguyen
As part of an effort to woo Vietnam to serve its geopolitical interests, US President Joe Biden is arriving in Hanoi on Sunday, nurturing hopes of signing a “comprehensive strategic partnership agreement” with the dynamically developing Southeast Asian nation.
Washington is eyeing “swaying Vietnam to its side,” for it believes the US can use Hanoi as “a counterbalance to China’s influence in South East Asia,” Professor Anna Malindog-Uy, Vice President of the Manila-based think tank Asian Century Philippines Strategic Studies Institute (ACPh), told Sputnik.
However, there is no indication that Vietnam has any interest in joining the “US-orchestrated” coalition against China, consisting of Washington’s allies, Anna Malindog-Uy added.
US President Joe Biden’s meeting with Vietnamese General Secretary Nguyen Phu Trong and other key leaders in Hanoi on September 10 comes as part of the latest page in the US’ Indo-Pacific playbook. Suffice it to recall how Biden hosted Philippine President Ferdinand R. Marcos Jr. in Washington in May, then welcomed Indian Prime Minister Narendra Modi at the White House in June, and threw open the doors of his Camp David presidential retreat to his Japanese and South Korean counterparts mid-August.
The trilateral summit with South Korean President Yoon Suk-yeol and Japanese Prime Minister Fumio Kishida is regarded by pundits talking to Sputnik as part of an effort blatantly tailored to forge a new alliance against China and the People’s Democratic Republic of Korea (DPRK). The US has also been posturing in the Indo-Pacific region by holding a slew of large military drills with Japan, Australia, and the Philippines in the South China Sea in recent days.
Vietnam is vital to US foreign policy for several political, economic, and geopolitical reasons, the professor underscored. Firstly, the “strategic geographical location” of Vietnam in Southeast Asia (SEA) is important to the US. Vietnam boasts “close contiguity and nearness to major global shipping lines like the South China Sea (SCS), and it has a border with China,” Anna Malindog-Uy stressed.
Geopolitically Strategic Location
Vietnam plays a crucial role in US foreign policy due to its "strategic location, economic significance, and potential to counterbalance China," according to Professor Anna Malindog-Uy.
“American companies have invested in Vietnam, and trade relations have expanded. Since Vietnam is a member of ASEAN, a regional body that is important to the US, especially on issues such as economic integration, security, and diplomacy, this makes Vietnam a vital partner of the US in advancing its interests in the Indo-Pacific region. The US is likewise keen on upgrading its relations with Vietnam from a 'comprehensive partnership,' established in 2013, to a 'strategic' partnership.'"
Hanoi is being eyed by Washington for its perceived “potential to counterbalance China,” the expert added.
“The evolving relationship between the United States and Vietnam manifests the broader and active US engagement in the Asia-Pacific region and underscores Vietnam's growing importance as a regional partner,” Anna Malindog-Uy emphasized.
Vietnam became a focal point for US diplomacy when it became the sixth member of the Association of Southeast Asian Nations (ASEAN) in July 1995, the same month Vietnam and the United States normalized relations, concurred Carl Thayer, emeritus professor at the University of New South Wales Canberra at the Australian Defense Force Academy. Further along, Vietnam gradually emerged as a potential US security partner.
“The turning point came during President Barack Obama’s term in office when Vietnam and the US agreed in 2013 to a comprehensive partnership covering nine major areas of cooperation. Since that time, Vietnam has been identified as an important security partner in all US national security strategies, particularly because of China’s growing 'assertiveness,'” said Carl Thayer, adding that the US has been seeking to “counter the appeal” of China’s Belt and Road Initiative launched in 2013.
More recently, the Biden administration has “lobbied Vietnam to upgrade bilateral relations to a strategic partnership to end the situation where the US was listed at the bottom of Vietnam’s three-tiered hierarchy of partnerships – comprehensive, strategic and comprehensive strategic,” Thayer added.
Vietnam an ‘Important Trading Partner’
Vietnam has also emerged as an important trading partner for the US in recent years.
“As one of the fastest-growing economies of SEA, Vietnam is a market for US goods and services, especially in sectors like technology, manufacturing, agriculture, and services. Strengthening relations with Vietnam can give American businesses and exporters more economic opportunities, given Vietnam's rising middle class and a young, educated workforce with higher purchasing power. Since Vietnam is already a vital player in global manufacturing, particularly electronics, textiles, and machinery, US companies can benefit from diversifying their supply chains by investing in or partnering with Vietnamese firms,” the vice president of ACPh underscored.
Furthermore, Vietnam is part of several regional trade agreements, such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), and the Regional Comprehensive Economic Partnership (RCEP) - the world’s largest free trade pact. The latter entered full force for all 15 member states following ratification of the pact by the Philippines in June. Thus, boosted ties with Vietnam could grant America more "reach" within these regional economic frameworks. Tourism, too, is fraught with benefits for the two nations.
It's worth noting that the United States is "not a party to the two most important multilateral free trade agreements," the CPTPP and the RCEP, to which Vietnam is a member, Carl Thayer pointed out.
Regarding the goals that the US president is pursuing in respect to Vietnam, he is “motivated mainly by economic issues such de-risking economic dependence on China by securing a reliable supply chain for Vietnamese semiconductors, and a more favorable environment for American investment, including American businesses relocating from China,” the professor said, adding:
“Biden hopes Vietnam will be a founding member of his Indo-Pacific Economic Framework for Prosperity.”
The US has been bolstering its presence in the Indo-Pacific region by forming alliances such as AUKUS, which groups the country with Australia and the UK, and the Quadrilateral Security Dialogue (QUAD) with Australia, India, and Japan. Washington is also part of the Indo-Pacific Economic Framework for Prosperity (IPEF) initiative, launched by Biden in May 2022 and now including 13 other members, such as Australia, Brunei, Fiji, India, Indonesia, Japan, Malaysia, and New Zealand.
'US-Orchestrated Coalition' Against China
While visiting US Treasury Secretary Janet Yellen recently hailed Vietnam as "a key partner" in an effort to reduce dependence on China, Hanoi is “careful not to take sides between the US and China,” Anna Malindog-Uy said. Furthermore, taking sides between the US and China would be “costly for Vietnam both geopolitically and economically speaking.”
“As far as the US-led global coalition against China is concerned, I don’t think Vietnam has the intention or interest to be part of this. I don’t see any indication that Vietnam will join the US-orchestrated and led global coalition against China consisting of US allies... From my vantage point, it [Vietnam] wants to maintain good relations with neighboring countries like China as much as possible. Vietnam knows that joining a US-led coalition against China could potentially adversely impact its economic relations with China, which is vital to Vietnam’s economic development and progress,” the pundit believes.
ASEAN-member Vietnam “values neutrality,” and “follows a policy of non-alignment in major power conflicts, competition, and rivalry,” the vice president of the Manila-based ACPh think tank accentuated.
While Washington has been escalating trade and tech wars with Beijing, Hanoi has been steadily maintaining a “stable, pragmatic, and productive win-win relationship and cooperation with China, its largest neighbor and trading and economic partner.” China is "indispensable to Vietnam's economic well-being," and is a crucial market for Vietnamese exports, "particularly in electronics, textiles, and agriculture sectors." China is also one of the top foreign investors in Vietnam, particularly when it comes to infrastructure development. Many Vietnamese industries are deeply integrated into Chinese supply chains.
“China is crucial to Vietnam due to its economic significance, shared border, historical ties, and geopolitical factors. Balancing its relationship with China with its relationships with other regional and global powers is a crucial feature of Vietnam's foreign policy,” the pundit highlighted. Bearing in mind the sum total of economic significance, shared border, historical ties, and geopolitical factors, Anna Malindog-Uy emphasized:
“I don’t think Vietnam will compromise its sound economic and political relations with China by joining a global US-led coalition.”
Carl Thayer agreed with this opinion, telling Sputnik:
"Vietnam will not abandon its 'Four No’s' defense policy (no alliances, no foreign military bases, no joining one country to oppose another, and no use of force in international relations). Vietnam will not join any US-led anti-China coalition."
Russia of 'Strategic Importance' for Vietnam
At this point it should be noted that Vietnam has comprehensive strategic partnerships with only four countries - China, Russia, India, and South Korea. The significance of both China and Russia for Vietnam cannot be overestimated, pundits have underscored. Russia bears strategic importance to Vietnam due to a historical relationship stretching all the way back to the Cold War era, Anna Malindog-Uy recalled. The professor clarified that Moscow plays a vital role in Hanoi's "strategic, defense, and security considerations," along with potential for energy collaboration.
Furthermore, Joe Biden’s "courting" of Vietnam comes as the Southeast Asian nation has been reluctant to support Western sanctions against Russia. This is due to a “complex interplay of historical ties, foreign policy principles, and national interests,” Professor Anna Malindog-Uy underscored. She added:
“During the Cold War, the Soviet Union provided significant support to North Vietnam during the Vietnam War. This created a foundation of goodwill between the two countries. Vietnam also has a close defense and military relationship with Russia. Russia is a key supplier of military equipment and technology for Vietnam, including fighter jets, submarines, and other advanced weaponry. This defense partnership is vital to Vietnam's security and defense capabilities. Russia and Vietnam also have relatively strong economic and trade ties, especially in machinery, textiles, and agricultural products.”
Supporting Western sanctions against Russia "could potentially harm Vietnam’s economic interests and disrupt ongoing economic cooperation," Anna Malindog-Uy pointed out.
Indeed, Vietnam has a longstanding policy of opposing the unilateral imposition of sanctions by one state against another, Carl Thayer added. He recalled that Hanoi has not forgotten the bitter fallout from the US trade embargo imposed in the 1960s during the Vietnam War. But furthermore, Vietnam is “also practical, it does not want to harm relations with a Russia, a long-standing reliable partner,” said Thayer.
— Svetlana Ekimenko | Sputnik International | September 10, 2023
#Analysis | Joe Biden | US 🇺🇸 | Vietnam 🇻🇳 | Indo-Pacific | Nguyen Phu Trong#Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)#Regional Comprehensive Economic Partnership (RCEP) China 🇨🇳 | Hanoi
0 notes
Video
youtube
Ukraine Requests To Join CPTPP Trade Pact 😀 #japan #australia #brunei #...
#youtube#Ukraine Requests To Join CPTPP Trade Pact. 😀 japan australia brunei canada chile malaysia mexico peru singapore vietnam Ukraine has submit
0 notes
Text
台灣與中國申請加入CPTPP 李顯龍：成員對中國加入有不同意見
台灣與中國申請加入CPTPP 李顯龍：成員對中國加入有不同意見
0 notes
Last Seen Blogs
heymoo-d
「␛」
serial-designation-v-lol
V-Answers stuff lol
lifestyle-foodies
Lifestyle Foodies
imvikai
ImVikai
mpmcv
MPM CV