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Decision No. 06/2011/QD-TTg: Counseling for domestic businesses in international negotiations

With Decision No. 06/2011/QD-TTg of January 20, on counseling domestic businesses in international trading negotiations, the Prime Minister requires competent state agencies to study, at the firsthand, the feasibility of international trading negotiations with potential partners which, then, will be announced on their official websites for counseling.

A counseling process requires (i) decision of the competent state agency on performance of international trading negotiation, (ii) identification of agency in charge of negotiation, (iii) potential partners, (iv) a summary of economic and trading relations with these potential partners, (v) requirements of feasible study and estimated duration for completing the negotiation, and (vi) deadline of receiving recommendations from the business community.

Businesses participating in the counseling process may give opinions, proposing matters related to negotiation methods and contents, and requirements on potential partners; participate in workshops and related activities which may be held alongside with negotiations.

Opinions of the business community can be sent directly to the agency in prime charge or through the Vietnam Chamber of Commerce and Industry (VCCI), which will be responsible for distributing documents of the agency in prime charge to businesses; conducting researches, proposing negotiation contents and methods including requirements on negotiating partners; guiding businesses in considering important issues in the negotiation in order to get practical comments and opinions; publicizing information to businesses; and gathering and conveying feedbacks from businesses to the agency in prime charge.

In all cases of counseling, counselors must always comply with the law on protection of state secrets.

The Decision will take effect on March 15.-

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