Moody s:cptpp signed a "less conducive to all members, but because there is no U.S.

The credit rating agency Moodie (Moody 's service investors) said that all members of the economic interests and the overall progress of the Trans-Pacific Cooperation Treaty (cptpp) than in the absence of the participation of the United States. However, the agreement will also promote all members of export and income, and help maintain efforts to reform in many countries.

The article analyses reflect benefits in the Moodie report just released the name of "the record of God's sovereignty - the Asia Pacific and the Americas Pacific Partnership: a revised anti - all members, but no less than the United States" (provisional translation: Asia Pacific and the Americas: the Pacific Cooperation Treaty to adjust the benefits will be created in all the interests of the members will be less but without the participation of the United States).

The Moodie report explained that in 8 days, 03 months on 2018 (local time), 11 members of the cptpp have signed a free trade agreement (FTA) is adjusted, without the participation of the United States. The new protocol and overall progress of the Trans-Pacific Cooperation Treaty (CTPP), and 11 (AAA members are Australia, Brunei, (unstable) evaluation, Canada (AAA), stable (aa3), Chile, negative, Japan (A1), (A3), Malaysia, Mexico (stable). A3, negative), New Zealand (AAA, stable), Peru (A3, stable), Singapore (AAA, stable) and Vietnam (B1 positive).

Moody 's said, compared with the original TPP, Vietnam, Malaysia, and Japan lost more business opportunities because the country has benefited the most ability better access to the U.S. market.

However, the people of Malaysia will be considered cptpp the most benefit, because the transaction will provide to new markets, including Canada, Peru and Mexico's interests; the establishment of the company exports of palm oil, rubber, and electronic equipment.

At the same time, the actual income in Singapore, Brunei, Vietnam, and Peru will also be cptpp than under high sign.

On the issue of reform is because Moodie said, a commercial and non-commercial low cptpp depends on their reforming state, the agreement will help maintain domestic reform speed.

The current reform efforts to speed up the quality competition and investment, while improving the time members. In addition, the management level and competitiveness of the maximum interests of the state and the relatively low in Peru, Mexico, Vietnam, and Brunei.

Moodie said, more cptpp accept more members, if other big economies in Asia (such as Indonesia, South Korea (baa3 positive), aa2, stability, Philippines) (Baa2, stable), Taiwan (aa3, stable) and Thailand (baa1, stable), improve the income level of the members may than the current transaction cptpp is higher than that of the original and the estimated TPP, Pedersen Institute for International Economics (piIe).