ABSTRACT

Vietnam PNTR Status and WTO Accession: Issues and Implications for the United States [December 15, 2006]   [open pdf - 179KB]

"On December 8, 2006, the House passed legislation (212-184) to grant Vietnam permanent normal trade relations (PNTR) status as part of a more comprehensive trade bill (H.R. 6406). Pursuant to H.Res. 1100, the bill was then coupled with a tax-extension bill (H.R. 6111) and sent to the Senate. The Senate passed the combined bills on December 8 (79-9). Before PNTR can go into effect the President must sign the legislation into law, make a determination that Vietnam is eligible to receive it, and then issue a proclamation to that effect. […] It could help the United States in that Vietnam would be obligated to apply WTO [World Trade Organization] rules in its trade. PNTR status from the United States would provide Vietnam more predictability its growing trade relations with the United States and would shed a legacy of the cold war. For the United States, PNTR would be another in a series of steps the United States has taken in trade and foreign policy to normalize relations with Vietnam and place distance between current relations and the Vietnam War. During the congressional debate on PNTR Members raised issues regarding the conditions for Vietnam's entry into the WTO, other issues pertaining to the U.S.- Vietnam economic relationship, and other aspects of the overall U.S.-Vietnam relationship."

Report Number:
CRS Report for Congress, RL33490
Author:
Publisher:
Date:
2006-12-15
Copyright:
Public Domain
Retrieved From:
Via E-mail
Media Type:
application/pdf
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