
Move enhances country’s participation in global trade governance.
The European Union has formally welcomed Vietnam’s decision to join the World Trade Organization’s alternative arbitration system, designed to resolve disputes more efficiently amid challenges facing the WTO’s appellate body.
The move is seen as a step forward for Vietnam in strengthening its role in global trade governance.
Experts say participation in the system will help ensure fairer outcomes for smaller economies engaged in international commerce.
The move is seen as a step forward for Vietnam in strengthening its role in global trade governance.
Experts say participation in the system will help ensure fairer outcomes for smaller economies engaged in international commerce.