Committee on International Trade Policies debuts

Addressing the ceremony, the Head of VCCI’s Legal Department, Tran Huu Huynh, said the committee will serve as a link between the Government and business associations, through which the business concerns and proposals can be heard, discussed and considered by the Government prior to making policy, negotiating or implementing international commitments.

The committee will create a domestic consensus for negotiations and international trade commitments, Huynh said, adding that it will inform the business community of international trends in trade negotiations, enabling them to devise appropriate strategies and protect themselves during the economic integration process.

The committee is comprised of 30 representatives of business associations and specialists from important economic sectors.

Its Secretariat, located at the VCCI’s WTO Center, will be in charge of the Committee’s regular activities between meeting sessions.

** The same day, VCCI launched a Portal on WTO and Economic Integration at www.trungtamwto.vn (Vietnamese version) and www.wtocenter.vn (English version).

The portal will provide legal documents, updated policy information, trade publications, materials on the WTO, and international trade agreements that Vietnam has signed or is negotiating.

It will also offer online consultation, discussion and support for enterprises and business associations and a place to exchange information about activities of the Committee.

The launch is part of VCCI’s “Enterprises and International Trade Policies” (EITP), programme, which is within the framework of EU – Vietnam MUTRAP III (the Multilateral Trade Assistance Project, Phrase III), sponsored by the European Union.

The EITP Program is designed to increase the business community’s participation in policy formation and the negotiation and implementation of international trade commitments.

It is also intended to remedy certain international unsuitable commitments and minimize negative impact of future trade policies and commitments, industries and labours on Vietnamese businesses.

Tags: Vietnam economy news, Vietnam International Trade Policies