EU-Vietnam free trade deal gets green light in trade committee

On 21st January 2020, the committee gave its consent to the free trade agreement by 29 votes, six votes against and five abstentions and recommends that EP Plenary should do the same. The agreement will remove virtually all tariffs between the two parties in ten years. It will protect emblematic European products, and allow Europe to access the Vietnamese public procurement market.

The agreement is also an instrument to protect the environment and further social progress in Vietnam, including in labour rights, the resolution accompanying the consent decision states. The trade committee’s demands from Vietnam, including on labour and human rights, as well as on the mechanism ensuring the enforceability of the sustainability clauses, was adopted by 29 votes for, nine against and two abstentions.

The main elements of the trade deal are the following:

  • removal of customs duties: 65% of EU exports to Vietnam will be immediately duty free, with the rest – including motorcycles, cars, pharmaceuticals, chemicals, wines, chicken and pork – gradually liberalised over ten years. 71% of Vietnamese exports to the EU will be duty free on day one, with the rest catching up in seven years. Duty-free Vietnamese exports of sensitive agricultural products, such as rice, garlic or eggs, will be limited;
  • non-tariff barriers will be eliminated in the automotive sector, export and import licensing, and customs procedures. Vietnam accepted the “Made in EU” marking, beyond national markings of origin, for non-agricultural products;
  • geographical indications: 169 emblematic EU products such as Parmigiano Reggiano cheese, Champagne, or Rioja wine, will enjoy protection in Vietnam, as will 39 Vietnamese products in the EU;
  • services: EU companies will have improved access to business, environmental, postal and courier, banking, insurance and maritime transport services in Vietnam;
  • public procurement: EU firms will be able to bid for contracts with Vietnamese ministries, state-owned enterprises, as well as with Hanoi and Ho Chi Minh City;
  • sustainable development: there are legally-binding rules on climate, labour and human rights. The agreement commits Vietnam to apply the Paris Agreement. Vietnam scheduled the ratification of two remaining bills on the abolition of forced labour and on freedom of association by 2020 and 2023, respectively. If there are human rights breaches, the trade deal can be suspended.

For more info visit: https://www.europarl.europa.eu/news/en/press-room/20200121IPR70703/eu-vietnam-free-trade-deal-gets-green-light-in-trade-committee

(Source: EU Parliament)

Next Conferences and Webinars – China, USA, mycotoxins and labelling focus on bakery products

In the next period I will participate in many interesting events. It could be a nice occasion to meet and share a coffee.

In case you want to meet or more info, please write me at foodlawlatest@gmail.com

All the events will be in Italian, but the webinar on USA export/labeling requirements is doable in any moment also in English.

  • 13th June 2016 – Torino – “Food marketing in China”. The event will be hosted by the Chemical Lab of the Chamber of Commerce and together with my colleague Nicola Aporti, Head of the food practice at the Chinese law firm HFG, Shangai, we will discuss about exporting procedures, labeling, non tariff barriers and food frauds/counterfeiting issues;

 

  • 16the June 2016 – Alessandria – “Labeling of Bakery Products”. A specific focus on how to label and market those kind of products, organised by the Chemical Lab of the Chamber of Commerce of Torino and Alessandria;

 

  • 22nd June 2016 – Webinar MV Consulting – “Food labeling in USA and export fundamentals”. This online webinar will give you the main information about how to approach the market and label your products, as well as some hints about the ongoing changes due to the Food Safety Modernisation (FSMA) act implementation;