| The two sides reached agreement during their sixth session negotiating the Voluntary Partnership Agreement (VPA) on Forest Law Enforcement, Governance and Trade (FLEGT). — Photo cafef.vn |
Tuấn stated that during this sixth session, Vietnam and the EU also reached a consensus on applying the FLEGT licensing mechanism to timber exported to the EU.
The two sides entered into negotiations on FLEGT-VPA in October 2010. All FLEGT-licensed timber and timber products from Vietnam will be considered legal and, as such, not subject to the requirements of the EU Timber Regulation.
The EU, which is responsible for about one-fourth of world timber consumption, is now the fourth largest importer of Vietnam’s timber and wood products, after the US, Japan and China.
