POLITICS, BUSINESS, NATIONAL, DILI

Nine WTO country members to negotiate a bilateral agreement with Timor-Leste

Nine WTO country members to negotiate a bilateral agreement with Timor-Leste

Coordination Minister of Economy Affairs, Joaquim Amaral

DILI, 31 may 2022 (TATOLI) – The Coordinating Minister of Economic Affairs (CMoEA), Joaquim Amaral, said nine World Trade Organization (WTO) country members have committed to negotiating a bilateral agreement with Timor – Leste.

The purpose of the negotiation is to provide the opportunity for Timor – Leste to access the WTO working party meeting regarding market access to WTO, and adjust the conditions requires to become a member of WTO in the future.

“There are 9 countries that have welcome Timor-Leste to negotiate a bilateral agreement through a working party meeting to access the market at the WTO. We hope that with the party meeting Timor-Leste will immediately involve in the technical meeting and prepare the requirements that must be prepared before becoming a member of the WTO in the future,” Minister of CMoEA, Joaquim Amaral, told TATOLI in the Ministry of Foreign Affairs and Cooperation (MoFAC), Pantai Kelapa, Dili on tuesday.

The Permanent Ambassador of Timor – Leste to Geneva, Lurdes Bessa, appreciated the efforts made by MoFAC through the inter-ministerial coordination to become a member of the WTO in the future.

“As the Ambassador of Timor – Leste in Geneva, I have influenced several WTO member countries to convey Timor – Leste’s desire on becoming a member of the WTO. The proposal we have submitted has been accepted by the nine WTO country members, they are committed to negotiating the bilateral agreement with Timor-Leste,” said Ambassador Lurdes Bessa.

Meanwhile, WTO member countries that have opened up to Timor-Leste to negotiate bilateral agreements are New Zealand, Canada, Australia, Japan, Cambodia, European Union, the Philippines, the United States, and Indonesia.

Based on the road mapping schedule, Timor-Leste will be decided by the WTO to become a transitional member of the WTO in February 2023.

 

Journalist : Camilio de Sousa

Editor : Nelia Borges

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