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Jun 24, 2014 (Newsletter Issue 10/14)
Yemen
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Accession to WTO


Yemen deposited its “Instrument of Acceptance” on 27 May 2014 with Director-General Roberto Azevêdo, confirming its membership terms. According to WTO rules, Yemen will become a full-fledged member on 26 June 2014.

In the “Instrument of Acceptance”, the Yemeni government declares that the law approving Yemen’s Protocol of Accession enacted by Parliament was issued by the President of Yemen on 11 May 2014.

Yemen is the seventh least-developed country (LDC) to accede to the multilateral trading system since the WTO was established in 1995. As an LDC, Yemen will benefit from technical assistance and capacity building from the WTO Secretariat to support the implementation of its accessions commitments, negotiate trade rules and develop the trade-related skills and infrastructure needed to benefit from its WTO membership.

Source: www.wto.org