Russia, VN expected to sign FTA soon
26/11/2011 96
Most viewed articles
VNEconomyNews.com - Russian First Deputy Prime Minister Igor Shuvalov has announced that Russia and Vietnam are likely to sign an agreement on the establishment of a free trade area (FTA) next year.
Deputy PM Shuvalov, who has just paid an official visit to Vietnam, made the statement on the Russia 24 TV channel on Nov. 23.
He said Russian and Vietnamese officials have begun to compile the FTA paperwork to be presented to the two governments by the end of this year.
The Deputy PM affirmed that Russia and Vietnam are likely to sign the FTA in mid-2012 when Russia assumes the Chair of the Asia-Pacific Economic Cooperation Forum (APEC).
Three countries of the customs alliance – Russia, Belarus and Kazakhstan, and ASEAN members may implement a FTA in the middle of next year, he said.
Source: vneconomynews.com
- US tariff threats over forced labour 'unjustified', Commission says
- US Section 301 Forced Labor Investigation: New Trade Compliance Risks for Viet Nam Exporters
- US cites forced labor concerns as grounds for new tariffs
- Aquatic products face challenge of maintaining market share in US
- Viet Nam extends anti-dumping duties on some Thai sugar products to 2031