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Exporters get top trade advice

Update: March, 21/2013 - 10:26
Workers at Hoa Phat Steel JSC prepare steel for export. International law firm Mayer Brown JSM and Viet Nam Chamber of Commerce in HCM City today offered local companies advice on how to handle trade remedies. — VNA/VNS Photo Huy Hung

HCM CITY (VNS)— One of the world's leading law firms, Mayer Brown JSM (formerly known as Johnson Stokes & Master) and Viet Nam Chamber of Commerce in HCM City today offered local companies advice on how to handle trade remedies.

More trade-barrier cases are being brought by Viet Nam's trading partners, especially anti-dumping and countervailing cases.

Vietnamese manufacturers face increasing competition from the growing number of goods being unfairly imported into Viet Nam.

Since late last year, warnings have been arising concerning the initiation of trade remedy cases against several Vietnamese exports, including steel products exported to Thailand, cashews to India, and cement to South Africa.

More than 170 representatives from Vietnamese enterprises, business associations, media and related authorities attended the seminar.

The speakers at the seminar are leading trade experts and include Ambassador Susan C. Schwab, former US Trade Representative and current strategic advisor to Mayer Brown; Nguyen Duy Khien,director of America Market Department, Ministry of Industry and Trade; and Matthew McConkey, partner in charge of Mayer Brown's Global Trade Group in Asia.

The seminar is expected to provide Vietnamese exporters with the opportunity to gain useful and practical knowledge of trade remedy matters that could have a direct effect on their production and export activities.

Mayer Brown JSM, the seminar's sponsor, is one of the few global law firms to have a team that specialises specifically in government and global trade.

The team has participated in negotiations concerning most of the material agreements and trade incentives over the past 30 years, such as the agreements on establishment of the WTO, GATT, APEC, and NAFTA, and the negotiations for the accession of Viet Nam and other countries to the WTO.

In Viet Nam, Mayer Brown JSM has been acting on behalf of Vietnamese exporting enterprises since 2000 in the antidumping cases against catfish and warm-water shrimp.

Currently, Mayer Brown JSM is representing a large number of Vietnamese seafood enterprises in a frozen-fish fillet case. — VNS


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