Vietnam and the European Union started the second round of their
negotiations on the Vietnam - EU Free Trade Agreement (VEFTA) in Brussels,
Belgium, on January 22.
The Vietnamese delegation was led
by Deputy Minister of Industry and Trade Tran Quoc Khanh and the EU delegation,
headed by Mauro Petriccone, Director for Asia and Latin America of the European
Commission’s Directorate General for Trade.
The four-day talk will focus on
the exchange of goods and services, investment, intellectual property, labour
and environmental issues.
Following the success of the
first round, which took place in Hanoi on October 8-12, 2012, the second round
is expected to speed up VEFTA negotiation process as agreed by both sides’
leaders.
The two sides plan to hold four
rounds of talks this year.
The EU now is Vietnam’s largest
export market with an export turnover of $20.3 billion in 2012.
Once the FTA is signed, it will
help promote trade and investment cooperation between Vietnam and the EU,
bringing practical benefits to business communities and people of both sides
Vietnam+
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