Accession to the World Trade Organization
WTO General Council Approves Vietnam Membership
Vietnam is setto become the WTO’s 150th member following a decision by the GeneralCouncil on November 7, 2006, to approve the Southeast Asian country’smembership agreement. Vietnamnow has to ratify the deal, and it will become a member 30 days after it hasinformed the WTO that it has ratified. The decision ends over 11 years ofpreparation, including eight years of negotiation. The working party of membersnegotiating with Vietnamwas set up on January 31, 1995, and met 14 times between July 1998 and October2006. “The remarkable efforts that Vietnam has putinto preparing for membership should be an inspiration to us…
