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Free Trade Agreement EU-Vietnam finalized


The negotiations about a free trade agreement between the European Union and Vietnam were brought to an end. On 2 December 2015 the European Commission announced that the negotiations were terminated. By this agreement trade between Vietnam and the European Union will become easier. 99% of the customs duties practically will be abolished.

The Free Trade Agreement now will be translated into the official languages of the European Union and into Vietnamese. How long this will take, cannot be predicted. The European Commission presumes that the Free Trade Agreement EU/Vietnam will come into force in spring of the year 2018.

Rechtsanwalt Dr. Tristan Wegner

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