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Viet Nam's WTO membership now in sight

20 Jul '06
6 min read

The chairperson of Viet Nam's membership negotiations aims to secure final agreement at the General Council meeting in October, he told the talks' working party on 19 July 2006.

With Viet Nam's last bilateral market access negotiations completed in May (with the United States and Mexico), work is now focusing partly on translating those bilateral deals into the lengthy detailed commitments (or “schedules”) that Viet Nam would apply to trade with the entire WTO membership.

It is also focusing on completing a multilateral report that includes Viet Nam's commitment to make its laws, rules and regulations comply with WTO agreements and to satisfy its future fellow-members.

Both of these tasks were already being undertaken in informal meetings in the days leading up to the 19 July formal working party meeting.

Delegations in the working party of over 40 WTO members (counting the EU as one) echoed Viet Nam's desire to join the WTO by the time Hanoi hosts the Asia-Pacific Economic Cooperation summit in November. They paid tribute to the effort Viet Nam has put into passing numerous laws, issuing the many rules and regulations, and conceding to many of their demands.

The chairperson's comments

“Today marks an important stage in our progress,” said Ambassador Eirik Glenne of Norway, who happens to chair both Viet Nam's working party and the General Council. “My target remains to try to conclude the mandate of this working partyin time for the General Council to consider Viet Nam's accession when it meets in October.”

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