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Vietnam urges Thailand to enhance transparency in regulations on border trade

Ambassador Le Thi Tuyet Mai, Head of the Vietnamese Mission in Geneva, has called on Thailand to enhance transparency in regulations in areas regarding cross-border trade.
Vietnam urges Thailand to enhance transparency in regulations on border trade ảnh 1Ambassador Le Thi Tuyet Mai, Head of the Vietnamese Mission in Geneva. (Photo: VNA)

Geneva (VNA) – Ambassador Le Thi Tuyet Mai, Head of the Vietnamese Mission in Geneva, has called on Thailand to enhance transparency in regulations in areas regarding cross-border trade.

Mai made the suggestion during the 8th WTO (WorldTrade Organisation) trade policy review of Thailand for the 2016 – 2020 period heldin Geneva, Switzerland, from November 24 – 26. The event provided an opportunityfor WTO member states to comprehensively review Thailand’s trade, economic andinvestment policies over the last five years.

In her remarks, the Vietnamese ambassador highlighted strong trade relations between the two countries, given that Thailand hasremained as one of the major trade and investment partners of Vietnam over the past decadeand both have recently become signatory parties to the Regional ComprehensiveEconomic Partnership (RCEP) Agreement.

She urged Thailand to take necessary measures to enhance transparency in legal provisions in several areas concerning cross-bordertrade, such as procedures for import licencing and quality control, TechnicalBarrier to Trade (TBT), Sanitary and Phytosanitary Measures (SPS), among others.

From the perspective of regional cooperation, Vietnam thanked Thailand for its close coordination with ASEAN member states and five dialoguepartners in concluding and singing the RCEP on November 15, she said.

It sends a strong message on the region’s support for rules-basedmultilateral trading system, she noted, adding that Vietnam hopes the tradedeal will facilitate the development of regional supply chains and contributeto the economic recovery post-COVID-19.

An ASEAN representative, meanwhile, spoke highly of Thailandas a major trade partner within ASEAN, the country’s significant contributionsto strengthening the WTO and its proposal and participation in initiatives topromote the negotiations and formulation of new rules in the new areas oftrade./.
VNA
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