Policy Priorities
International Trade

News |

EBCA welcomes the adoption of Motion for Resolution on the state of play of the EU-Vietnam Free Trade Agreement

EBCA welcomes the adoption of MEP Jan Zahradil’s Motion for Resolution on the state of play of the EU-Vietnam Free Trade Agreement in the last plenary session of the current legislature on 17 April 2014 which encourages the completion of the FTA negotiations.

EBCA companies have been operating in Vietnam since the 1980s, with extensive operations including production, merchandising, quality control, and shipping. With slow growth in our domestic markets, Vietnam presents significant opportunities for European exports and for investments in the developing retail sector. EBCA would like the Agreement to address the removal of significant non-tariff barriers such as cumbersome economic assessment tests when setting up retail operations and quality testing on apparel consignments.

Vietnam is also an important sourcing market for our industry. For this reason, we warmly welcome the intention to eliminate EU import tariffs as part of this deal. At the same time, to be able to benefit from new preferential tariffs, our companies require a more flexible approach from the EU on Rules of Origin, in order to recognize the global value chains we operate.

Vietnam has limited fabric production available to international brands and this could severely restrict our ability to benefit from reduced tariffs, if the current model for Rules of Origin is maintained. We therefore call for adopting a single transformation model in the agreement, taking into account the realities of the Vietnamese industry.

EBCA strongly endorses the Commission’s ambition to conclude the negotiations before the end of its tenure in October 2014 as Vietnam is such an important market for our companies.

Go back


Related

Vietnam FTA: Legal scrubbing till April

| The trade agreement between EU and Vietnam may be sent for approval by Parliament and Council in April.

CETA: Joint review of T&SD chapters

| Commission asks for joint review the enforceability of CETA’s T&SD chapters in response to promises made in October 2016 when the Walloon regional parliament threatened to derail the agreement.

Slow progress with Mexico

| he Commission published its report from the fifth round of negotiations with Mexico. Rules of origin remain sticking point.

MEPs call for Commission to rely on multilateral conventions rather than sanctions for TSD enforcement

| Following the release of the Commission’s non-paper in July, MEP Christofer Fjellner (SE, EPP) and MEP Daniel Caspary (DE, EPP), sent a letter to EU Trade Commissioner Cecilia Malmström, providing the

Become a Member
If you would like to know more about EBCA’s unique services or inquire about membership, please contact our secretariat.