NA Committee reviews Vietnam's WTO accession process

Vietnam's parliamentarians in charge of external affairs on November 3 held a working session to assess the country's accession process to the World Trade Organisation (WTO).

Trade Minister Truong Dinh Tuyen told the National Assembly's Committee for External Affairs that the working party on Vietnam's accession to the WTO in its 14th official session in Geneva on October 26 adopted a package of documents related to Vietnam's accession, paving the way for the WTO General Council to admitting Vietnam as the 150th member November 7.

The Trade Minister, who spoke on behalf of the Vietnamese Government, reported in detail all Vietnam's commitments on its WTO membership to members of the committee.

According to the committee, Vietnam's entry into the Geneva-based trade body and the implementation of its commitments will deeply affect many aspects of the country's socio-economic life.

Members of the committee said that joining the WTO is an objective requirement during Vietnam's renovation process, and the event is a milestone in the country's international economic integration.

It is expected that the 11th National Assembly at its 10th session will debate and approve the protocol on Vietnam's WTO membership. (VNA)


 


Nhan Dan