Cavico Corp (fka CAVO)

[Stockpyle]

EU has cleared Vietnam to join WTO !!

Note October time frame in the following article.

http://www.iht.com/articles/ap/2006/09/07/business/EU_FIN_ECO_EU_Vietnam_Trade.php


BRUSSELS, Belgium Vietnam now meets the criteria for membership in the World Trade Organization, a long standing goal of the southeast Asian nation, the EU said Thursday.

"We have reached an agreement on all remaining WTO issues," EU Trade Commissioner Peter Mandelson said after talks with Vietnamese Trade Minister Truong Dinh Tuyen.

"The EU sees no further obstacles to a rapid accession of Vietnam to the WTO."

Vietnam is hoping to join the body that regulates world trade in October. The country first applied to join the Geneva-based WTO in 1995.

It completed its final bilateral market-access negotiations, with the United States, in May, and work is now focused on translating those deals into detailed commitments which the country would apply to trade with the 149 WTO members