Vietnam and Tariff Alliance to launch FTA negotiations

Vietnamese and Russian officials signed the Proceedings on the impact of the Free Trade Agreement between Vietnam and the Tariff Alliance.

Vietnamese Minister of Industry and Trade Vu Huy Hoang and Deputy Minister of Economic Development of the Russian Federation A.A. Slepnev on September 10 signed the Proceedings on the impact of the Free Trade Agreement (FTA) between Vietnam and the Tariff Alliance (Russia, Belarus and Kazakhstan).

A number of conducted research has shown remarkable potential in the economic relations between the countries in the Tariff Alliance and Vietnam when the FTA comes into effect.

Accordingly, FTA negotiations between Vietnam and the Tariff Alliance will start in the first quarter of 2013.

All the nations concerned are aware of the comprehensive long-term cooperation in trade, economics and investment and commit to the facilitation of trade and cooperation in the Asia-Pacific.