TPP reborn as CPTPP: Shaping global trade policies

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Early last year, when USA withdrew from TPP, there was a speculation that Vietnam’s economy and garment business would bear a heavy brunt. However, Vietnam moved ahead – and moved at a good pace. The country had an astounding export turnover of US $ 31 billion in 2017. This year in March TPP was resurrected as CPTPP with 11 nations (except USA) signing the pact.