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Commerce Official Champions TPP on Hanoi Tour, Points to Booming Asian Population

The Trans-Pacific Partnership is the "economic leg" of President Barack Obama's refocus on the Asia-Pacific, and that region's skyrocketing populations is poised to provide a big boon to U.S. businesses, said the Commerce Department's Undersecretary for International Trade Stefan Selig…

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on Jan. 23. Selig is on a trade and investment tour in Hanoi. Vietnam is one of 12 TPP negotiating partners. “With an estimated 2.7 billion middle class consumers projected by 2030, the Asia-Pacific region also plays an essential role in our economic growth now and in the future," said Selig in a press release (here).