EU signed trade agreements with Vietnam - Enterprise Europe Brussels

Posted 18 July, 2019

Beginning of July, the EU and Vietnam have signed a Trade Agreement and an Investment Protection Agreement. Once in force, the new agreements will provide opportunities to increase trade and support jobs and growth on both sides, through the elimination of 99% of all tariffs and reduction of regulatory barriers to trade.

680 Belgian companies export to Vietnam. 85% are SMEs. Belgium and Vietnam already have a close trading relationship. The value of Belgian exports to Vietnam represents 500 million euros. The value of Belgian imports from Vietnam represents 2 billion euros. The EU-Vietnam trade agreement will boost the trade relations.

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