VIETNAM MEMBERSHIP OF WTO WILL CREATE TEXTLE TRADE OPPORTUNITIES
November 1st, 2006
BY KEITH NUTHALL
VIETNAM will be hoping that the approval this week of its accession to the World Trade Organisation (WTO) will improve the access to overseas markets enjoyed by its clothing and textile exporters. Membership means that Vietnam and its trading partners have promised to keep their mutual clothing and textile trades unimpeded by restrictive quotas. It also will cap current textile and clothing tariffs levied by Vietnam or by other WTO members of Vietnam exports; Vietnam clothing duties are usually around 20% at present, with fabrics and yarns at ...
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