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Wednesday, 09 November 2011

WTO working party adopts Samoa’s membership package

The Working Party on Samoa’s accession adopted the accession package which contains the reforms to Samoa’s trade regime, the market access schedules on goods and services, the draft General Council Decision and the draft Protocol of Accession. Samoa applied for WTO membership on 15 April 1998.

Members congratulated Samoa on its commendable efforts in conducting all the necessary reforms to become a member of the WTO. Members added that Samoa’s WTO membership will contribute to its economic development.

WTO Director-General Pascal Lamy said: “Samoa’s accession to the WTO is a sign of confidence in the organization and the global trading system. WTO membership will enable Samoa to participate more fully in the global economy and will provide the country with a predictable and stable basis for growth and development. Samoa’s accession brings good news to the WTO family as we gather for the 8th Ministerial Conference.”

Source: WTO