Saturday, November 26, 2016

WTO praised Vietnam’s socio-economic achievements

The Hanoitimes – Director General of the World Trade Organisation (WTO) Roberto Azevedo has praised Vietnam’s socio-economic achievements over the past time as well as the country’s marked strides in international integration and trade liberalization.
He made the remarks at yesterday’s reception for Ambassador Duong Chi Dung, head of Vietnam’s Permanent Mission to the UN, the WTO and other international organisations, in Geneva, Switzerland. Dung came to present his credentials to the WTO Director General.
Vietnam’s socio-economic achievements
Vietnam’s socio-economic achievements
Azevedo suggested Vietnam continue its coordination with the WTO Secretariat in putting forth initiatives in order to effectively materialise multilateral commitment packages and deal with emerging issues in the global trade.
For his part, Dung noted his wish to receive more consultations from the WTO Secretariat and the Director General about Vietnam’s economic and trade development policy. He also called for their support in building a legal framework for economy and trade, training and improving Vietnam’s capacity to actualise multilateral commitments and handle disputes.
The two sides exchanged view on issues relating to the global trade and economy, including preparations for the 11th WTO Ministerial Conference scheduled for December 2017 in Argentina and the Asia-Pacific Economic Cooperation (APEC) in 2017 to be hosted by Vietnam.
Dung congratulated Azevedo on achievements the WTO has recorded through the ninth and tenth WTO Ministerial Conferences in Indonesia and Kenya, especially commitment packages for developing and underdeveloped nations.
He affirmed Vietnam’s consistent policy on reform, opening, trade liberalization, and deeper integration into the world economy. The ambassador also stressed Vietnam’s backing of the multilateral trade system and pledged efforts to contribute to the organiation’s successes.
They were also directed to help enterprises take advantages of the agreement and find technical support to implement the TF from international organisations like the WTO, the World Bank, the World Customs Organisation, the United Nations Conference on Trade and Development and developed countries like the United States, the United Kingdom, and Japan.
By Anh Kiet


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