Pressure from EVFTA on Vietnamese agricultural products
Vietnam
Published Jul 31, 2020
Tridge summary
Vietnam's agricultural exports will benefit when EVFTA is implemented, but the EU market has high requirements for quality and certification of origin.
Original content
According to Mr. Tran Cong Thang, Director of the Institute of Policy and Strategy for Agriculture and Rural Development (Ministry of Agriculture and Rural Development), when the Vietnam-EU Free Trade Agreement (EVFTA) is implemented from the date of 1/8, Vietnam's agricultural exports will benefit from tariff preferences, but the EU market has high requirements for quality and certification of origin. . Mr. Tran Cong Thang, Director of Institute of Policy and Strategy for Agriculture and Rural Development (Ministry of Agriculture and Rural Development). With EVFTA, will Vietnam's agricultural products benefit from tariff preferences and possibly increase exports to the EU market, sir? For agriculture, the EU committed to abolishing over 99% of tariff lines after 7 years, while providing quotas for Vietnam. Vietnam's agricultural exports have improved their competitiveness compared to Indian and Thai agricultural products (without FTA with EU). The EU is one of the two largest ...
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