(27-10-2006)
GENEVA, Switzerland — The working committee of the World Trade Organsiation (WTO) has approved the reports on bilateral and multilateral agreements of Viet Nam, putting the country on the final stretch towards accession to the international trade body.
Viet Nam now needs only the approval from the WTO council for full membership, expected in the first week of November.
Earlier, Vietnamese representatives in Geneva said they were hopeful of getting the approval from the working committee after it completed examining the three key documents including one on the service sector, such as banking, insurance and communication.
The working committee had started inspecting the documents on Wednesday and continued its task yesterday.
After the conclusion of the meeting, the Working Party Chairman, Eirik Glenne, is expected to declare the negotiation process on Viet Nam’s WTO bid as over, paving the way for the country becoming the 150th member of the trade body.— VNS
