Today: 05/10/2022 07:16:23 (GMT+7)
THE CENTRAL AGENCY OF THE COMMUNIST PARTY OF VIETNAM BAC GIANG PROVINCE THE VOICE OF THE PARTY, GOVERNMENT AND PEOPLE OF BAC GIANG PROVINCE

Switzerland hopes for early signing of FTA between Vietnam, EFTA

Vietnam and Switzerland have agreed to soon conclude negotiations on a free trade agreement (FTA) between Vietnam and the European Free Trade Association (EFTA), of which Switzerland is a member.

Vietnamese President Nguyen Xuan Phuc and his Swiss counterpart Guy Parmelin made the announcement at a joint press conference following their talks in Bern city on November 26.

Switzerland, early signing, FTA, Vietnam, EFTA, conclude negotiations,  free trade agreement, European Free Trade Association, Vietnamese President Nguyen Xuan Phuc, potential for growth

Vietnamese President Nguyen Xuan Phuc and his Swiss counterpart Guy Parmelin at the press conference.

Describing President Phuc’s official visit as a new development milestone in Switzerland-Vietnam relations, President Parmelin said the two sides still have many opportunities and much potential for growth.

The Vietnamese leader noted that he and his Swiss counterpart shared the view that despite development, the bilateral cooperation has yet to match potential of both nations, and they agreed to soon conclude the talks on the FTA between Vietnam and the EFTA.

He added Vietnam welcomes the two countries and their businesses promoting innovation cooperation.

The Presidents agreed to elevate the two nations’ 2019 letter of intent on innovation, science and technology to a protocol on innovation. Therefore, Vietnam welcomes Swiss companies to cooperate with Vietnam in innovation and digital economy.

The Swiss President said he wanted to sign a free trade agreement (FTA) similar to the deal that Vietnam signed with the European Union, thereby eliminating barriers to goods circulation between the two countries. Another priority is to build a favourable legal framework and effectively enforce intellectual property rights, he said, adding that these are factors that will strongly attract Swiss investors to invest in Vietnam.

President Parmelin informed that he and President Phuc had agreed to assign the heads of the two negotiating teams to accelerate the talks on the EFTA-Vietnam FTA.

First batch of Vietnamese rice exported to UK under UKVFTA
The first 60 tonnes of jasmine rice shipped to the UK under the UK-Vietnam Free Trade Agreement (UKVFTA) hit the shelves in London on January 26.
 
Vietnam, UK should sign FTA asap: Government leader
Vietnam and the UK should sign a bilateral free trade agreement (FTA) as soon as possible to further boost two-way trade, Prime Minister Nguyen Xuan Phuc said when hosting UK Secretary of State for International Trade Elizabeth Truss in Hanoi on December 11.
 
Bac Giang's agricultural sector implements EVFTA to increase competitiveness for export products
(BGO) –  The European Union-Vietnam Free Trade Agreement (EVFTA) took effective from August 1, 2020. The enforcement of the deal will create favorable conditions for Vietnam’s exports, especially agricultural and fishery products. Taking this opportunity, the agriculture sector of Bac Giang province has developed plans to actively increase competitiveness for export products.
 

Source: NDO/VNA

Switzerland, early signing, FTA, Vietnam, EFTA, conclude negotiations, free trade agreement, European Free Trade Association, Vietnamese President Nguyen Xuan Phuc, potential for growth
 
New comment has just been added. Click here
Sort:NewBest News