The government has decided to earmark 1.7 trillion won ($1.53 billion) over the next 10 years to mitigate damage to local industries from free-trade agreements with China, Vietnam and New Zealand expected to take effect this year.
The South Korean government said Friday that it has asked the parliament to ratify the country’s bilateral free trade agreement (FTA) with China that was signed earlier in the week, apparently demonstrating its firm resolution to quickly implement what it has called one of the most significant trade deals it has ever signed.
The need for businesses to learn the import and export regulations in different markets has only become more important as Viet Nam signs a slew of free trade agreements (FTAs), experts say.
Russian Prime Minister Dmitry Medvedev has approved a free trade zone agreement between the Eurasian Economic Union (EEU) and Vietnam.
The Viet Nam - South Korea Free Trade Agreement (FTA) signed on May 5 is expected to bring positive effects to many of the countries’ economic fields.
New free trade agreements (FTA) will help Vietnamese companies improve access to markets and diminish costs, but they will also require strategies and policies to minimise the probability of trade lawsuits, speakers said at a seminar on global trade late last week in HCM City.
The FTA with Vietnam is South Korea’s 15th to date, with greater levels of product liberalization than the previous FTA with the ASEAN countries (including Vietnam) that went into effect in June 2007.
The EU Ombudsperson has found that the European Commission’s failure to carry out a human rights impact assessment in the negotiations for a trade and investment agreement with Vietnam constitutes "maladministration".
The free trade deal between the EEU and Vietnam will help expand Russia’s access to the Vietnamese market and the market of the ASEAN member states, the government says.
La République de Corée et le Vietnam ont paraphé leur accord de libre-échange (ALE), a annoncé dimanche le ministère sud-coréen de l’Industrie, de l’Energie et du Commerce extérieur.
South Korea and Vietnam have initialed their free trade agreement (FTA) that aims to boost bilateral trade by removing tariffs and other barriers, the government said Sunday.
The talks focused on the outstanding areas of the proposed FTA such as goods (tariffs, rules of origin, non tariff barriers, export duties), services & investment, government procurement, state owned enterprises, IPR and geographical indications, and regulatory issues.
According to Ukraine’s Minister of Agrarian Policy and Food, Ukraine now plans to sign FTAs with Canada, Israel, Turkey, Serbia and Vietnam.
Laos and Vietnam signed an improved free trade agreement (FTA) on March 3, 2015, to replace their existing treaty dating back to 1998.
Vietnam says it has completed negotiations for FTAs with the Customs Union, the EU and South Korea, while remaining are the TPP, RCEP and EFTA.
So far, seven chapters out of fifteen of the EU-Vietnam FTA have been concluded
Vietnam will be flooded with foreign goods as a result of the Trans Pacific Partnership and Vietnamese companies may not be able to take advantage of the agreement, a local expert says.
The final negotiation between Vietnam and the Customs Union of Russia, Belarus and Kazakhstan on their free trade agreement (FTA) concluded last month right around the time that Russia’s economy took a nose dive.
The EU and Vietnam completed their eleventh round of negotiations for a Free Trade Agreement as they work towards a swift conclusion of the talks.
Vietnam and the Customs Union of Russia, Belarus and Kazakhstan have concluded negotiations on their free trade agreement that covers trade, investment, rules of origin, intellectual property, customs facilitation, sanitary and phytosanitary measures among others.