Vietnam – U.S. Bilateral Trade Agreement (BTA)

Vietnam – U.S. Bilateral Trade Agreement (BTA)
July 28 10:24 2016

Vietnam – U.S. Bilateral Trade Agreement (BTA) signed on July, 2000. The BTA is a result of making efforts by both parties over 4 years of negotiations and  a key step in the historic reconciliation between the United States and Vietnam. This is important foundation for Viet Nam to take part in the World Trade Organization (WTO) and boost the process of integration. The Viet Nam – US BTA is composed of 4 parts with over 100 pages: market access, trade in services, intellectual property rights, and investment. Viet Nam made a comprehensive commitment in many fields like goods, services, IP. In the part Intellectual property rights, Viet Nam has plead to phase in WTO Agreement on Trade – Related Intellectual Property Rights (TRIPS) over 18 months and and take further measures in several other areas such as protection of satellite signals.. The Bilateral TRIPS agreement goes above and beyond the WTO.

For the full text of the Agreement, please click here:

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