Legal Developments: Vietnam: Join the club
WTO membership heralds Vietnamese liberalisation in an increasingly market-oriented economy Vietnam joined the World Trade Organisation (WTO) on 11 January, 2007, signalling a major step towards a more market-oriented economy. In the 880-page Working Party Report, Vietnam undertakes to implement a series of measures to liberalise its trade regime and privatise state-owned enterprises, and also to comply fully with WTO rules regarding trade-related aspects of intellectual property (TRIPS), technical barriers to trade and sanitary and phytosanitary measures agreements without restriction.
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