Thailand said it had refused to sign a trade agreement between South Korea and ASEAN, insisting that rice be included on the list of goods facing tariff cuts.
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.
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).
Japan and Vietnam agreed Friday to begin full-fledged negotiations on a bilateral free trade agreement as soon as necessary conditions are met, Japan's trade minister said.
Exclusive rights to distribute particular products in Viet Nam will be addressed in a new decree being drafted by the Ministry of Trade. The draft Decree on Trading Enterprises promises to be the first of several regulations addressing the concerns of foreign-invested enterprises seeking guarantee of distribution rights in Viet Nam.
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.
With the painful chapter of war between them closed, both Vietnam and the United States seem to be moving to new horizons in the realm of business relations.