Vietnam backs multi-lateral trade mechanism within WTO framwork
(VOvworld) – Vietnamese Minister of Industry and Trade, Nguyen Cam Tu, has affirmed the political will and determination of the Vietnamese people to pursue and support a multilateral trade mechanism within the WTO framework.
Indonesian President, Susilo Bambang Yudhoyono, beats the gong to open the 9th WTO meeting.
(photo: Reuters) |
He spoke at the 9th World Trade Organization’s Ministerial Meeting in Bali, Indonesia that Vietnam hopes the Doha negotiation on global trade liberalization will be completed soon. Being a responsible and constructive member, Vietnam will exert its efforts to obtain a consensus on the multilateral trade mechanism.
He mentioned differences among member countries over some contents of the Bali package, especially with regards to agriculture, the promotion of agricultural commercialization, food security, and poverty reduction. Mr. Tu appealed to all members to make more compromises and said that only goodwill and consensus can break the impasses in the Doha negotiations.