Liberalization due to WTO participation in Asia

Two stories on WTO-induced liberalization:

Vietnam: “Accession to the World Trade Organization would throw up jobs in hi-tech fields in Vietnam but also present challenges, a top labor expert said.”

Malaysia: “Come 2008, Malaysia has to bear the full brunt of the liberalisation rules under the World Trade Organisation (WTO) for ‘non agricultural access’ and this covers products like automobiles. Known as the ‘big bang liberalisation’, the picture is rather grim ahead unless Malaysian national car companies become more competitive.”