Viet Nam informed the WTO on 12 December 2006 that it has ratified its membership agreement. It will now become the WTO's 150th member on 11 January 2007.
More information on Viet Nam's membership negotiations and the final deal in ascending order:
Viet Nam is set to become the WTO's 150th member following a decision by the General Council on 7 November 2006 to approve the Southeast Asian country's membership agreement. “The remarkable efforts that Viet Nam has put into preparing for membership should be an inspiration to us all, as several members have observed,” WTO Director-General Pascal Lamy said.
WTO members negotiating the terms of Viet Nam's membership completed their task on 26 October 2006 by accepting the documents spelling out Viet Nam's commitments and rights. The documents will now go to the full membership in the General Council, which will meet in on 7 November, to decide on accepting Viet Nam.
WTO members negotiating Viet Nam's membership deal began intensive consultations on 9 October 2006 aimed at putting the final touches to the package of agreements and completing the deal by the end of the month.
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