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Viet Nam's WTO membership now in sight

20 Jul '06
6 min read

But he cautioned that a lot of work remains to be completed in the meantime. “The end of a long negotiation like this one is always difficult and rushed, but I know that Viet Nam and you the members are all prepared to work with me in making that extra effort to get this done,” he said.

The remaining tasks include, he said: more factual information from the Vietnamese to clarify the situation; work between Viet Nam and its negotiating partners to clarify some parts of the schedules of commitments; and further policy decisions to be taken by Viet Nam itself.

Ambassador Glenne asked members to discuss revisions to the draft texts with Viet Nam and to supply these in writing to the Secretariat within the next few weeks. He aims to circulate the entire draft accession package as early as possible in September. This would include both the schedules of commitments on tariffs, tariff quotas, agricultural subsidies and services market opening, and the working party report describing actions Viet Nam has taken or will take.

By mid-September, Ambassador Glenne plans to start informal consultations to fine tune the drafts. “As soon as I am satisfied with this phase of our work, we can go into a final meeting of the working party to conclude our mandate.”

The package would then go to the General Council for a decision. Once its membership has been approved, Viet Nam then has to ratify the deal, with another 30 days after ratification before it becomes a full member.

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