Ministry Of Commerce: China Ice FTA Is Expected To Be Implemented In The Second Half Of This Year.

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"P > voted for the" free trade agreement between the People's Republic of China government and the Iceland government "signed by the government and the Iceland government in the light of the recent" a href= "http://sjfzxm.com/news/index_s.asp" Iceland parliament > /a ". The director of the Department of international trade and economic relations of the Ministry of Commerce said at the end of the evening that China welcomes this. A href=" http://sjfzxm.com/news/index_s.asp "> agreement > /a > is expected to be formally implemented in the second half of this year.

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< p > > a href= "http://sjfzxm.com/news/index_s.asp" > China ice free trade zone < /a > negotiation started in December 2006, and concluded in January 2013. In April, the two sides formally signed the agreement.

As the first "a href=" http://sjfzxm.com/news/index_s.asp "FTA" /a signed by our country and European countries, it covers a wide range of fields.

According to the agreement, in terms of trade in goods, the two countries eventually achieved zero tariff products, which were close to 96% in terms of tax items and nearly 100% in terms of trade volume.

At present, China mainly exports coke, textiles, footwear, ships and so on to Iceland, mainly from a href= "http://sjfzxm.com/news/index_s.asp" > Iceland < /a > main import fishery products.

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The free trade agreement (FTA) proposed by Vietnam and the EU is ready to be completed next year. The free trade agreement may promote textile and clothing trade between the two sides. P

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Ruan Wenjun, Deputy Secretary General of Vietnam's < a href= "http://sjfzxm.com/news/index_s.asp" > textile and Apparel Association < /a > (VITAS), said: "the EU is the main export market of Vietnam's textile sector, and exports to the EU account for 16% of the total export earnings of Vietnam (2 billion 750 million US dollars)."

With the implementation of the Vietnam EU free trade agreement, Vietnam's textile exports to the EU market will increase significantly, and it may increase to 20%.

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< p > to ensure an effective environment for trade and investment relations, the EU and Vietnam's free trade agreement measures began in June 2012.

Last month, the two sides completed the fifth round of consultations in Hanoi, Vietnam.

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< p > Ruan Wenjun said: "Vietnam's textile industry will prosper and contribute to the solution of the bottleneck of the textile industry in the dyed garment sector, to ensure that the textile industry develops in a stable and sustainable environment.

This is a good opportunity for the fabric manufacturers in the EU to develop their business in Vietnam. "

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< p > Vietnam is the third ASEAN countries to measure free trade agreements with the EU, second only to Singapore and Malaysia, followed by Thailand.

The next round of consultations on the free trade agreement between Vietnam and the EU will be held in Brussels in January 2014.

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