US commerce secretary in Vietnam to push TPP

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US Secretary of Commerce Penny Pritzker. Photo credit: AP US Secretary of Commerce Penny Pritzker. Photo credit: AP


US Secretary of Commerce Penny Pritzker led a business delegation to meet with Vietnamese leaders and her counterpart in Hanoi on Monday.
Pritzker met with Vietnam’s President Truong Tan Sang, Prime Minister Nguyen Tan Dung and Minister of Industry and Trade Vu Huy Hoang during her one-day visit to push negotiations for the Trans Pacific Partnership, a 12-nation trade pact.
Traveling with her were the CEOs and board chairpersons of the US' leading business groups ACE, Qualcomm and Mead Johnson Nutrition, who also met with officials from the finance, investment ministries and the Vietnam Chamber of Commerce and Industry.
Both sides also discussed measures to enhance bilateral trade as the countries prepare to mark 20 years of normalized relations next year.
Alexander Feldman, President & CEO of the US-ASEAN Business Council, told Tuoi Tre (Youth) newspaper that Pritzker’s visit also aims to underscore the confidence of the US business community in the economic development potential in Southeast Asia and reiterate US companies’ commitments in the region.
The delegation will continue on to the Philippines after departing Vietnam.

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