Friday, January 13, 2017


ricky l

Kerry defends trade pact on last trip as top US diplomat

YVES DAM-VAN
Associated Press
"I can't predict what the new administration is absolutely going to do with the trade, but I can absolutely tell you that the fundamental reasons for the TPP haven't changed," Kerry told students of University of Technology and Education in southern Ho Chi Minh City, referring to the Trans Pacific Partnership agreement.
He said the U.S cannot grow unless it's able to sell goods to the rest of the world.
Kerry admitted that the future of the TPP, the centerpiece of the Obama administration's pivot to Asia, is in doubt when Donald Trump is sworn in as president next week. He, however, believed that U.S commitments to the region will not change.
"Shift in our administrations in Washington is not going to alter or fundamentally undermine the commitments of the United States to prosperity and stability and security of the Asia-Pacific," he said, adding that "our friendship doesn't depend on individuals or personalities."
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Hopefully, a variant of TPP trade deal (if not TPP) can be revived and approve - that will benefit all member states and prevent a Global Economic slowdown.

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