11 TPP states seeks new framework to implement pact
The chief negotiators of the 11 Trans-Pacific Partnership (TPP) countries have agreed to aim to put the regional free trade deal into force under a new framework, following the withdrawal of the US, according Kyodo news.
Japan's chief trade negotiator, Kazuyoshi Umemoto (left), meets the Canadian delegation Wednesday morning in Hakone, Kanagawa Prefecture, before top officials from the 11 remaining Trans-Pacific Partnership members begin talks in the hot-spring resort town (Source: Kyodo)
Hanoi (VNA)- The chief negotiators of the 11 Trans-Pacific Partnership (TPP) countrieshave agreed to aim to put the regional free trade deal into force under a newframework, following the withdrawal of the US, according Kyodo news.
"The TPP wasoriginally signed by 12 members so for the pact to come into effect with 11countries, we need a new international agreement," Japan's chiefnegotiator Kazuyoshi Umemoto said.
He added that theinvolved parties have just agreed not to lower the level of the high-standardtrade rules contained in the original treaty.
The chiefnegotiators will meet again in Australia in late August or early September toadvance their talks on the implementation of the deal before November, whentheir leaders will gather for an Asia-Pacific Economic Cooperation forum summitin Vietnam.
Following a meetingof the 11 countries' trade ministers in Hanoi in May, the negotiators have thetask of drawing up options to bring the pact into force at an early date and tofacilitate the possible return of the US.
Japan, the largesteconomy among the 11, hopes to reach an agreement to change the requirementsfor bringing the TPP into effect without revising the content of the pact.
The TPP was signedby Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand,Peru, Singapore, the US, and Vietnam, covering around 40 percent of the globaleconomy.-VNA
Ministers from 11 countries joining the TPP are scheduled to gather in Hanoi on May 21, with Japan pushing for the free trade pact to be put into force as soon as possible without the US.
The chief negotiators of 11 Trans-Pacific Partnership (TPP) countries plan to meet in Hakone, Japan, in mid-July to discuss the future of the free trade deal without the United States.
The chief negotiators from the 11 Trans-Pacific Partnership countries met on July 12 to discuss how to bring the regional free trade deal into effect following the withdrawal of the United States
A participant in the Malaysia Economic Forum 2025 said despite challenges, there are significant opportunities in AI, digital transformation, and green technologies, requiring the country to balance both risk and potential thoughtfully.
Themed “emerging trends in terrorism and violent extremism”, the event drew over 200 participants from domestic and international agencies, discussing the rapid evolution of terrorism and the need for stronger regional and global cooperation.
Indonesia aims to start nuclear power generation by 2034, with a government roadmap already in place to develop small modular reactors (SMRs) with capacities ranging from 300 to 500 megawatts.
The package, endorsed on June 24, comprises 481 projects designed to boost GDP by an additional 0.4% and generate temporary employment for about 7.4 million people nationwide.
An Indonesian official emphasised that energy security is extremely essential amid global geopolitical and economic fragmentation, highlighting the need for the energy industry to strengthen resilience and responsiveness in the face of fluctuating oil prices and the shift to clean energy.
ASEAN must deepen collaboration through platforms such as the ASEAN Senior Officials Meeting on Transnational Crime (SOMTC) to ensure regional responses keep pace with the rapidly evolving cyber threat landscape.
Speaking at the launch of the Indonesia Economic Prospects June 2025 edition on June 23 in Jakarta, Turk noted that Indonesia’s gross domestic product (GDP) expanded 4.9% in the first quarter of 2025 compared to the same period last year.
Anti-dumping duties will continue to be imposed on producers from China and Japan while those on relevant exporters from the RoK and Vietnam will be terminated, starting from June 23.
A specialist police unit has acquired a fleet of off-road vehicles to help officers navigate rough, unpaved terrain – and flood waters – to respond more quickly to public security incidents.
The pact covers goods, services, investments, intellectual property rights, customs facilitation, competition policy, sanitary and phytosanitary, trade and sustainable development, government procurement and economic cooperation.
The talent programmes mark another milestone in the technical partnership between PETRONAS and the Energy Institute, which focuses on three pillars: promoting decarbonisation and operational excellence through innovative solutions, enabling informed decision-making with expert advice, and nurturing the next generation of energy professionals.
The firefighters found an active blaze at the lorry depot located in the city of Pasir Gudang near the state capital of Johor Bahru, with flames spreading quickly due to strong winds and igniting a neighboring disused oil storage area.
Investigators believe the operation is part of a broader scam network involving romance scams, where victims are lured into fake relationships and persuaded to transfer money.
Ambassadors, Consuls General, along with staff and their families, joined traditional sports and cultural activities of Southeast Asia and performances bearing regional identity, thus contributing to strengthening unity and the ASEAN community spirit in New York.
In his post on social media the same day, Hun Manet said energy companies would be able to import sufficiently from other sources to meet domestic fuel and gas demands in the country.
Japan's chief trade negotiator, Kazuyoshi Umemoto (left), meets the Canadian delegation Wednesday morning in Hakone, Kanagawa Prefecture, before top officials from the 11 remaining Trans-Pacific Partnership members begin talks in the hot-spring resort town (Source: Kyodo) 
