The European Union is providing technical assistance to Vietnam’s negotiations to join the World Trade Organisation through a project organised by the Ministry of Trade and the EU.
The seven–years long beginning phase of the Multi–Trade Assistance Policy (MUTRAP) projects, will end this December at a cost of 3.9 million euro, said the trade ministry and the EU at a meeting on November 29 to review the project’s performance.
The project has provided technical assistance to the negotiations in service sectors such as law, advertising, education, the environment, healthcare and tourism.
MUTRAP will also help the Vietnamese government to reach the WTO’s demand for quarantine measures and technical barriers in trade and agriculture.
In its second phase, which is expected to start in the first quarter of by 2005, the project will study trade and the environment and evaluate the impact of tax reductions on major industries.
MUTRAP will also help the country to further integrate into the Asean bloc.