The Chairperson of Vietnam'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 Vietnam'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 Vietnam would apply to trade with the entire WTO membership.
It is also focusing on completing a multilateral report that includes Vietnam'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 Vietnam'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 Vietnam has put into passing numerous laws, issuing the many rules and regulations, and conceding to many of their demands.
World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations.
At its heart are the WTO agreements, negotiated and signed by the bulk of the world's trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
