ABSTRACT
The Trans-Pacific Partners (TPP) is presently a significant concern in the Asia-Pacific, which manifests the tendency of regionalism. Still, it is not potentially the only preferential trade agreement that links countries on both sides of the Pacific. The paper aims to review the draft of the TPP legal text to see the challenge imposed on Vietnam as a negotiating party that has already contracted separately with one or some negotiating parties. Due to limited access to the draft of legal text, all discussion is based on governmental announcement and scholar's commentaries. It is argued that Vietnam has relatively good negotiating power and gets much more in the final text if this country insists on potential commitments that are not its existing preferential trade agreements as a bargain for better market access.
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