National Committee for International Economic Cooperation (NCIEC) in cooperation with Multilateral Trade Policy Assistance Program (Mutrap) on October 20, in Hanoi held a conference titled integration into the World Trade Organisation (WTO) and implementation of commitments on free trade, standard SPS/TBT for production and export of goods from Vietnam.
Addressing at the conference, trade deputy minister Luong Van Tu pointed out: “entering into WTO will bring Vietnam many opportunities such as Vietnamese goods will be equally treated, and Vietnam has the right to participate in dispute settlements. In addition, Vietnam will face up to different difficulties and challenges. The path of WTO entry is a very complicated and prolonged series of negotiations. So far, Vietnam has undergone eight multilateral negotiation sessions, more than 100 bilateral negotiation sessions and answered more than 2,000 questions of the WTO’s member countries of the WTO Working Group on Transparency in Government Procurement.
The deputy minister also presented some measures to speed up the WTO entry process such as: to raise awareness of management agencies, businesses, and people of all strata for commitments, opportunities and challenges of WTO entry; to complete legal system and policies in accordance with 16 key agreements and WTO’s regulations; to reform the structure of the economy, to promote competitiveness capacity of goods and services; t