The Free Trade Agreement between the Government of Republic of Chile and the Government of the Socialist Republic of Vietnam was signed on November 11th, 2011 and came into effect on January 1st, 2014. This FTA contains only commitments on goods and goods-related matters, there are no commitments on services and investment. Such FTA is the very first FTA between Vietnam and a South American country.
The Economic Cooperation Organization (ECO) was founded in 1985 to provide members with a platform to discuss ways to improve development as well as promote trade and investment opportunities. Around 462 million people — 6.2 per cent of the world’s population — live within the 10 member states of Afghanistan, Azerbaijan, Iran, Kazakhstan, Kyrgyz Republic, Pakistan, Tajikistan, Turkey, Turkmenistan and Uzbekistan. But at a time when the world trading system is moving towards regional economic integration, ECO remains one of the least integrated trade organisations in the world, making up only 2.1 per cent of world trade.
Execution Unit: Center for WTO and Economic Integration - Vietnam Chamber of Commerce and Industry
Execution Time: March 2017