Vietnam hopes WTO members, especially the G6, will continue cooperation to clear the potential deadlock of the Doha Round talks on global trade liberation recently held in Geneva, local media reported Friday quoting a foreign ministry spokesman.
"Vietnam hopes that members of the World Trade Organization (WTO), particularly the WTO major trading partners forming the G6, will maintain cooperation in order to find out solutions to overcome the current impasse, during which the interests of developing countries shall be respected and ensured so that the Doha Round is truly a negotiation round for development," Saigon Liberation newspaper quoted Foreign Ministry spokesman Le Dung as saying.
Following the collapse of the G6 negotiations among the United States, the European Union, Japan, Australia, Brazil and India on July 23 in Geneva, negotiations within the Doha Round framework are likely to be delayed, the spokesman said, stating that "If this occurs, it will be a regrettable mishap, representing a setback in the global trade liberalization process."
For its part, Vietnam is trying its utmost to become a WTO member and will make every effort to substantially contribute to development cooperation of this global trade system, he said.
The WTO set target of making some progresses in the Doha multilateral trade talks in June and July so that the negotiations could wrap up by the end of this year. WTO members kicked off the negotiations in Doha, Qatar, in 2001, aiming to slash subsidies, tariffs and other barriers to global commerce.
Source: Xinhua