The agreement formalized bilateral terms negotiated as part of Vietnam’s WTO accession. It moved the two states toward expanded trade after decades of war and a U.S. embargo, but accession also required Vietnam to adapt domestic rules to a trade system whose agenda was shaped by powerful economies.
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WTO membership required further approval and domestic ratification after the bilateral market-access agreement.
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Explanation
The General Council approval and Vietnam’s National Assembly ratification followed the bilateral deal.