The Bush administration expressed optimism Monday that a recently completed trade agreement with Vietnam can be signed by early June and supporting legislation can win congressional approval this summer.
Vietnam’s trade deal with the United States — meant to facilitate Vietnam’s accession to the WTO — lowers Hanoi’s tariffs on US industrial and farm products and removes other barriers that block US companies in the telecommunications, retailing, banking, insurance and energy sectors.
Is Vietnam capable of signing an FTA when the essence of such an agreement is WTO++, with rules based on WTO rules? If we have not joined the WTO yet, how can we reach an FTA with Japan?
Viet Nam was awaiting the removal of the last major barrier to its entry to the World Trade Organisation - the successful conclusion of bilateral negotiations with the United States - Deputy Trade Minister Luong Van Tu has told a Vietnam News Agency correspondent.
Tonga acceded to the WTO yesterday and one of the conditions of it being
allowed to join the WTO was to have TRIPS+ linkage of patent status and data
Vietnam and Japan yesterday concluded bilateral negotiations over the former’s accession to the World Trade Organization (WTO) while agreeing to hold preliminary talks on a bilateral free-trade agreement (FTA).
Information sheets from USTR
US Trade Representative Rob Portman today announced that the United States and Saudi Arabia have concluded bilateral negotiations on issues related to Saudi Arabia’s World Trade Organization accession.
A member of the Saudi delegation negotiating the Kingdom’s entry into the World Trade Organization (WTO) told Asharq Al Awsat his government and the United States had signed a bilateral free trade agreement and expected the U.S Congress to make an announcement on the subject next week following its ratification.
China is likely to eclipse the World Trade Organization and regional market-opening pacts to become the main driver of freer global trade in the 21st century, a prominent trade academic said on Tuesday, Reuters reported.
Saudi Arabia will sign a trade agreement with the United States in the next two days to pave the ground for entering the World Trade Organization.
The United States fully supports Vietnam’s efforts to join the World Trade Organization (WTO), said US Ambassador to Vietnam Michael Marine at a press conference in Washington on May 25.
World Trade Organisation chief Supachai Panitchpakdi has described this month as a crucial period that could make or break the highly-anticipated WTO ministerial meeting in Hong Kong in December.
The World Trade Organisation is being undermined by the intransigence and short-sightedness of its member countries, according to the report of a high-level commission released on Monday.
US Trade Representative Robert Zoellick predicts that Congress will allow a two-year extension of President Bush’s trade negotiating authority to go forward, giving more time to conclude World Trade Organization negotiations as well as bilateral and regional negotiations.
World Trade Organisation (WTO) members have finally established a framework for negotiations to conclude the Doha Round. This is good news. Failure would have crippled or even killed the round, and marginalised the WTO as a negotiating forum.
With a deal being struck at the World Trade Organisation on 31 July to revive negotiations, will the move towards bilateral trade agreements slow down?
The World Trade Organisation has given the green light for Libya to begin talks on becoming a member. The decision, which received US backing at a meeting in Geneva, is the latest sign of Libya’s rehabilitation in the international community.
Moscow is pushing hard to hammer out a deal with Washington on WTO membership before the U.S. presidential election in November, Russian negotiators said.
EU Trade Commissioner Pascal Lamy and the Russian Economy Development and Trade Minister German Gref have signed today the agreement concluding the bilateral market access negotiations for the accession of the Russian Federation to the WTO, in the presence of the European Commission President Romano Prodi, the President of the Russian Federation Vladimir Putin and the President of the European Council Irish Prime Minister Bertie Ahern.