U.S-Vietnam Reach Bilateral Terms For WTO Accession Financial Services Markets To Benefit

The Securities Industry Association (SIA) today applauded that the U.S. and Vietnam reached agreement in principle on bilateral terms that will help pave the way for Vietnam’s accession to the World Trade Organization (WTO).

“Expanding the realm of free trade is always a net positive,” said Marc Lackritz, president of SIA. “This deal will help deliver to both nations economic growth, improved access to markets and new consumers. Importantly, this deal will provide the securities industry and their clients with expanded access to this market. The US Treasury Department and their Vietnamese counterparts deserve praise for their efforts.”