EFTA and Vietnam continue free trade negotiations

Published 29-09-2017
Spokesperson the EFTA States, Mr Sveinung Røren, and Mr Luong Hoang Thai, Head of the Vietnamese Delegation met in Hanoi for the 15th round of negotiations on a Free Trade Agreement.
From 26 to 29 September 2017, delegations from the EFTA States and Vietnam met in Hanoi for the 15th round of negotiations on a Free Trade Agreement.

Mr Luong Hoang Thai, Director General at the Ministry of Industry and International Trade, led the Vietnamese delegation, while Mr Sveinung Røren, Director at the Norwegian Ministry of Trade, Industry and Fisheries, acted as the EFTA Spokesperson.

Expert working groups convened to continue discussions in the areas of trade in goods, rules of origin, trade in services, investment/establishment, intellectual property rights, trade remedies and legal and institutional issues. Sanitary and phytosanitary measures, technical barriers to trade and government procurement were discussed at the level of Heads of delegation. Detailed follow-ups were agreed to be undertaken by both sides in view of the next round, planned to take place in spring 2018.

Merchandise trade between the EFTA States and Vietnam reached USD 2.8 billion in 2016. The EFTA States exported goods valued at USD 882 million and imported goods worth USD 1.9 billion. EFTA’s leading exports to Vietnam included fish, pharmaceutical products, and machinery and mechanical appliances, while electrical machinery, footwear and precious stones and metals were leading imports.

Read more on EFTA-Vietnam negotiations and trade statistics between EFTA and Vietnam

 

 

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