Statement on Congressional Passage of Legislation To Authorize Permanent Trade Relations With Vietnam

I commend the Congress for its bipartisan support for my request to approve legislation authorizing the grant of permanent normal trade relations to Vietnam. PNTR marks a significant step forward in the process of normalizing relations with Vietnam and will benefit both our nations. This designation will advance our trade and investment relations with Vietnam and ensure that the United States shares in the economic benefits generated by Vietnam's imminent membership in the World Trade Organization. Vietnam is demonstrating its strong commitment to continuing economic reforms, which will support political reform and respect for human rights. The American people welcome the remarkable transformation and economic progress in Vietnam, and we will continue to work together to strengthen our ties.