Post by account_disabled on Jan 9, 2024 10:36:28 GMT 5
In addition to still receiving GSP rights that will attract investors to invest in Vietnam. and have the right to reduce taxes under the FTA, but Thai products can still compete in the EU market. If there is an adjustment Technology and innovation are being used, while GSP is still an advantage. I believe that in the next 7-11 years, there is a possibility that Vietnam will have its GSP cut off by the EU because the national income per capita has increased,” said Ms. Pimchanok. For the EVFTA agreement, there is liberalization. including opening the market for products, services, and government procurement as well as other issues related to trade, such as sustainable development .
Tariffs were reduced on over 99% of imported goods from both Phone Number List countries when the agreement came into effect. Vietnam will immediately reduce tariffs on 65% of products exported from the EU. And will gradually reduce tariffs on the remaining products within 10 years. The EU will immediately reduce tariffs on 71% of goods exported from Vietnam. and will gradually reduce tariffs on the remaining products within seven years. The Vietnam-European Union Investment Protection Agreement (EVIPA) agreement will help Vietnam develop a transparent investment and legal framework.
To attract investment from EU member countries , it is expected that the EU will use the EVFTA agreement as a model for negotiations with Thailand. Especially pushing issues that the EU is important to, such as opening the drug, automobile and alcohol markets. Liberalization of the service sector and investment Intellectual property protection Entering the government procurement market Investment Dispute Resolution Including complying with the obligations of various international organizations.To create strengths, gems and jewelry Thailand can still compete. But you must follow consumer behavior. Produce products to meet rice and rice needs, even though there is more competition.
Tariffs were reduced on over 99% of imported goods from both Phone Number List countries when the agreement came into effect. Vietnam will immediately reduce tariffs on 65% of products exported from the EU. And will gradually reduce tariffs on the remaining products within 10 years. The EU will immediately reduce tariffs on 71% of goods exported from Vietnam. and will gradually reduce tariffs on the remaining products within seven years. The Vietnam-European Union Investment Protection Agreement (EVIPA) agreement will help Vietnam develop a transparent investment and legal framework.
To attract investment from EU member countries , it is expected that the EU will use the EVFTA agreement as a model for negotiations with Thailand. Especially pushing issues that the EU is important to, such as opening the drug, automobile and alcohol markets. Liberalization of the service sector and investment Intellectual property protection Entering the government procurement market Investment Dispute Resolution Including complying with the obligations of various international organizations.To create strengths, gems and jewelry Thailand can still compete. But you must follow consumer behavior. Produce products to meet rice and rice needs, even though there is more competition.