(CNSNews.com) - The preamble to the Trans-Pacific Partnership (TPP) deal that the Obama administration has negotiated with eleven other governments—including what the U.S. State Department describes as a Communist regime in Vietnam—expressly affirms the “legitimate role” of “state-owned enterprises.”
According to the Congressional Research Service, 40 percent of Vietnam’s output comes from state-owned enterprises (SOEs).
In addition to the United States and Vietnam, the parties to the TPP include Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru and Singapore.
The TPP’s 509-word “Preamble”—which has been posted online by the office of the U.S. Trade Representative under the heading “Made in America”—begins by stating: “The Parties to this Agreement, resolving to ESTABLISH a comprehensive regional agreement that promotes economic integration to liberalise trade and investment, bring economic growth and social benefits, create new opportunities for workers and businesses, contribute to raising living standards, benefit consumers, reduce poverty and promote sustainable growth…”
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