Seminar highlights Doha talks’ impacts on VN

The Doha round of negotiations and impacts on Vietnam was the main topic of a seminar held in the central coastal province of Khanh Hoa on Sept. 24.
The Doha round of negotiations and impacts on Vietnam was the main topic of a seminar held in the central coastal province of Khanh Hoa on Sept. 24.

The workshop, hosted by the Department of Multilateral Trade Policy under the Ministry of Industry and Trade, brought together more than 30 delegates, including businesspeople, managers and experts from both in and outside the country.

Prof. Claudio Dordi, chief consultant of the Multilateral Trade Assistance Policy Programme Phase III (MUTRAP III), said if the Doha talks wrap up early, it will offer Vietnam chances to expand markets for its key exports such as garments.

It will also help the country narrow the gap between applied and compulsory tariffs and improve its regulations regarding anti-dumping and agricultural subsidies, Dordi said.

This view was shared by Deputy Director of the Department of Multilateral Trade Policy Luong Hoai Thai, who said Vietnam would gain more benefits if the Doha negotiations end soon.

Local businesses need to be clearly aware of the content of the talks, work out proper trade policies and revise their trade plans to make the best of new commitments to opening markets by WTO member economies, Thai added.

Participants also pointed out the fact that Vietnam might be ineligible to enjoy exemption regulations intended for new WTO members if the talks continue. Vietnam would also face more difficulties during negotiations as new issues arise, they said./.

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