According to Nikkei Newspaper today, European Union (“EU”) and Vietnam have agreed to launch bilateral Free Trade Agreement (“FTA”) negotiations.
EU and Vietnamese officials will now work together towards the formal start of negotiations as well as an agreed framework for the talks to reach an FTA.
EU have already started bilateral FTA negotiation with Singapore, as reported in this blog in December 2009. As regional FTA (EU-Asean) is stuck with issues and difference of opinions from various parties, EU looks like making shift to bilateral FTA with each Asean country where possible.
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No representation is made about the accuracy of the information. The information, opinions and comments posted here are not to be considered legal advice. The information contained in this blog site is provided only as general information for education purposes, and blog topics may or may not be updated subsequent to their initial posting.
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