TTLV: Trans-Pacific Partnership Agreement: Negotiation process and issues raised.

MASTER'S THESIS INFORMATION

1. Student's full name:Chu Hong Thang2. Gender:Male    

3. Date of birth:12 / 8 / 1971                            4. Place of birth:Bac Ninh

5. Decision to recognize student number:1042/QD-SDHJune 18, 2013 by the President of the University of Social Sciences and Humanities, Vietnam National University, Hanoi.

6. Changes in the training process:Are not

7. Thesis topic name:Trans-Pacific Partnership Agreement: Negotiation progress and issues raised.

8. Major:International Relations; Code:60310206

9. Scientific instructor:Dr. Bui Thanh Nam;Deputy Head of Faculty of International Studies, University of Social Sciences and Humanities, Vietnam National University, Hanoi.

10. Summary of thesis results:

The Trans-Pacific Partnership (TPP) Agreement has so far had 12 official members participating in negotiations, with a number of countries and territories expressing their desire to participate, with the goal of completing negotiations in 2014. When effective, the TPP will create the world's largest free trade area, with nearly 800 million people, contributing about 40% of the world's GDP and more than 30% of global trade turnover. From the actual TPP negotiation process over the past six years, it is possible to draw a number of issues related to multilateral free trade negotiations, affecting economies and international relations in the Asia-Pacific region and the world, as follows:

- With high and comprehensive standards and commitments, TPP is expected to be a model for free trade agreements (FTAs) in the 21st century. The trade and economic benefits for each member and the region are clear. Studies have shown that all members benefit, and even small, developing economies have the opportunity to benefit more. However, the challenges are not small, requiring all members participating in the negotiations to prepare carefully and comprehensively domestically. TPP has a large number of members, and commits to opening up to other countries and territories; members have different levels of development, even large gaps. This requires members to make concessions in negotiations, while regulations need to take into account the level of development and the roadmap for implementing the agreement.

- TPP impacts international relations in the region in both positive and negative ways, helping to promote cooperation and connectivity between countries and regions, both economically and in foreign relations; at the same time, it also poses challenges in terms of competition for influence between major countries. Considered one of the tools to promote the US's "rebalancing in Asia" policy, TPP can cause misunderstandings and negative reactions from China, the economic power that plays a key role in the region. Therefore, TPP creates both challenges and opportunities for members to implement a balanced policy in relations with the US and China.

- In the context of globalization, promoting and accelerating regional and international integration cannot be delayed or slowed down for Vietnam. Joining TPP, Vietnam faces both opportunities and challenges, however, many experts say that opportunities outweigh challenges. Preparing conditions and foundations in all aspects from legal policies to human resources is extremely necessary to anticipate opportunities, as well as limit risks when joining TPP./.

INFORMATION ON MASTER'S THESIS

1. Full name:ChuHong Thang.......................... 2. Sex:Male...................................................

3. Date of birth:August 12, 1971.......................... 4. Place of birth:Bac Ninh.................

5. Admission decision number:1042/QD-SDHDated 6 August 2013...................................

6. Changes in academic process: None...................................................................................

7. Official thesis title:

Transpacific Partnership Agreement: Negotiation Process and Major Issues

8. Major:International Relations.................... 9. Code:60310206................................................

10. Supervisors:Dr. Bui Thanh Nam;Vice Dean,Faculty of International Studies, University of Social Sciences and Humanities, VNU.

11. Summary of the findings of the thesis: ..............................................................................

Agreement on the Trans-Pacific Partnership (TPP) now has 12 official members participating in negotiations, with a number of countries and regions expressing their desire to participate, and with the aim of negotiating negotiations in 2014. When in effect, the TPP will create one of the largest free trade area (FTA) in the world, with almost 800 million people and contributing about 40% of world GDP and over 30% of global trade. Since actual TPP negotiations for nearly six years, we can draw a number of issues related negotiations of multilateral FTA, affecting the economy and international relations in Asia - Pacific region and the world, as follows:

- With high and comprehensive standards and commitments, TPP is expected to be a “model” for FTA in the 21st century. The benefits of trade and economic development for its members and the whole region are clear. Studies have shown that all members can benefit from the agreement, and the smaller development would benefit more. However, the challenges are not trivial, requiring all participants to be carefully and comprehensively prepared. TPP has a large number of members while committing to open to countries and territories to join. The current members have different levels of development. This requires members to make concessions in negotiations, and at the same time, the regulations should take into account the level of development, and the different route of treaty implementation as well.

- TPP impacts on international relations in the region, one side, it has helped promote cooperation and links between countries and regions, both for economic development and foreign relations; the other side, it poses challenges in terms of competition between the major countries. Considered as one of the policy tools to promote “rebalancing in Asia" by the United States, TPP can cause misunderstandings and negative actions from China, a key economic power in the region. Thus, TPP creates both challenges and opportunities for members to implement the policy balance in its relations with the United States and China.

- In the context of globalization, Vietnam cannot delay or reduce the rate of regional and international integration. Joining TPP, Vietnam stands in front of both opportunities and challenges, but as many experts say, more opportunities than challenges. The preparation of all-side conditions, from policies and laws to human resources, is essential to take advantage of the opportunities and to avoid the risks of participation in TPP.