Socialist Republic of Vietnam

The External Relations Committee of the National Assembly has proposed that the National Assembly Standing Committee submit the Vietnam-US Bilateral Trade Agreement (BTA) to the National Assembly for ratification at the 10th session scheduled to be held between November and December of this year.

The committee met in a plenary session in Hanoi on October 19, under the chairmanship of its Chairman Do Van Tai, who is also a member of the NA Standing Committee, to supervise preparations for the National Assembly to ratify the BTA.

The meeting focused on legislative and executive preparations and the necessity to study and understand the US laws with a view to actively gaining access to the US market. Ratification of the BTA should serve national construction and must be based on respect for each other's national sovereignty, non-interference into each other's internal affairs, equality, and mutual benefit.

The BTA will bring benefits to both nations and Vietnam has pledged to respect international laws and practices while following its plans for economic development, participants at the meeting said. (VNA)