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Topic: Business
Number of pages / Number of words: 5 / 1169
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The final phase of accession involves negotiations between the application nation and other working party members regarding the concessions and commitments on tariff levels and market access for goods and services. The new member’s commitments are to apply equally to all WTO members under normal non-discrimination rules, even though they are negotiated bilaterally...


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The new member’s commitments are to apply equally to all WTO members under normal non-discrimination rules, even though they are negotiated bilaterally.

Let’s use Vietnam as an example of the process to join the WTO. After 12 years of carrying out bilateral and multilateral negotiations with other partners, on November 7, 2006, the WTO General Council accepted the admission of Vietnam as the 150th member of the WTO...


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