The World Trade Organisation (WTO) will welcome Samoa as its 155th member on 10 May 2012.
WTO Director-General Pascal Lamy said: “I look forward to working with both Samoa and Montenegro become full and active members of the global trading system.
Last week, the South Eastern European republic of Montenegro was welcomed as 154th member of the world trading body.
Montenegro applied for WTO membership on 10 December 2004. On 30 March 2012, Montenegro informed the WTO it had accepted its membership package. This is the final step in the accession process.
On the other hand, Samoa in the Pacific first applied for WTO membership on 15 April 1998. On 10 April 2012, Samoa informed the WTO it had accepted its membership package.
WTO Director-General Pascal Lamy said: “The accession chapter is now closed. The membership path is now fully open. I look forward to working with Montenegro and Samoa to help them become full and active members of the global trading system.”
The terms of membership, including the Working Party Reports for both Montenegro’s and Samoa’s Accession, the Protocols of Accession, and the Schedules of commitments on Market Access for Goods and Services, were adopted by the WTO at the eighth Ministerial Conference on 15-17 December 2011.