The Asian Wall Street Journal reports Monday that Vietnam gained fresh momentum for its bid to join the World Trade Organization after sealing a deal Saturday with the European Union on a broad package that enhances market access in this rapidly developing Asian nation, including reduced tariffs on industrial goods.
The agreement signals that Hanoi is serious about pursuing its goal of entering the global trade body by late 2005, according to trade analysts and foreign investors.
But they caution that the EU deal will not automatically serve as a stepping stone to swift conclusion of negotiations with the US Japan and other major trading partners.
Kilde: www.worldbank.org
