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EU Trade Executive Teguh Hurt Visits Southeast Asia

2014/4/2 22:24:00 38

EU Trade CommissionerTeguh HurtSoutheast Asia

Teguh Hurt P De Gucht visited Vietnam, Kampuchea and Burma to strengthen trade relations between the EU and ASEAN countries. On the eve of its launch, it said it expects to have a constructive dialogue with Southeast Asian partners. Opening trade will help these dynamic countries to improve their living standards. In addition, the Southeast Asian market provides EU traders with export opportunities and hopes to win a win-win situation. < /p >
During P's 4 day visit, Teguh Hurt will hold high-level talks with every partner country. On the 17 day, he arrived in Hanoi, Vietnam, met with Nguyen Tan Dung and Vu Huy Hoang, and really understood the progress of the seventh round of the EU Vietnam free trade agreement (EU-Vietnam free trade agreement) negotiations. Ranjig, Tan < /p >
The "P > seventh round" a href= "//www.sjfzxm.com/news/index_c.asp" EU "/a" - Vietnam free trade agreement was held in Hanoi in from March 17th to 21st. The two sides seek to complete negotiations as soon as possible so that enterprises can benefit from it. The agreement can promote trade and investment relations between the EU and Vietnam and provide more business opportunities for bilateral enterprises. The agreement is expected to be completed in October (2014), and Vietnam urges the EU to recognize Vietnam as a full market economy. < /p >
Teguh Hurt will meet with the Minister of national planning and economic development, KUNZO Kan Zaw (P Dr.), Minister of Commerce Wu Wenmin (Win Myint) and the leader of the anti Democratic National League of Democratic Union (Daw Aung San Suu Kyi). The two sides will launch negotiations on the investment protection agreement (Teguh Hurt). To Kampuchea, Teguh Hurt will meet with the senior minister of Commerce (Burma) and discuss it with the EU Kampuchea Joint Commission. < /p >
P, Vietnam was the third ASEAN country to start the a href= "//www.sjfzxm.com/news/index_c.asp" free trade negotiation /a after Singapore and Malaysia. The EU Vietnam FTA announced the start of negotiations in June 2012, covering goods, services, investment, government procurement, intellectual property rights, geographical indications and other regulatory issues, such as non-tariff barriers, animal and plant quarantine, technical barriers to trade, customs and trade facilitation, trade and sustainable development. Europe and Vietnam have close trade relations. In 2013, Vietnam was the fourth largest ASEAN trade partner, the EU's thirty-second foreign trade partners, the EU's second largest trading partner and the largest export market for Vietnam, bilateral trade volume reached 24 billion euros in 2012, and the European Union exported 5 billion 300 million euros to Vietnam, and 18 billion 500 million euros from the south entrance. The EU is one of the main source countries of Vietnam, with a total investment of 13 billion 700 million euros. < /p >
< p > > a href= "//www.sjfzxm.com/news/index_c.asp" > Kampuchea < /a > is a low developed country, which enjoys the EU generalized preferential tariff system (Generalised Scheme of Preferences, GSP), and the treatment of products other than weapons and military products. In 2013, bilateral trade reached 2 billion 800 million euros, and Kampuchea exported to the European Union to 2 billion 400 million euros. Its main exports were clothing (68.8%), shoes and socks (12.9%), bicycles (10.3%), rice (5.2%) and sugar (1.6%). In the same year, the European Union was Kampuchea's largest export market. < /p >
< p > Burma, like Kampuchea, can enjoy preferential treatment of EBA plan for low development countries, and GSP preferential treatment will be applied in July 19, 2013 (which can be traced back to June 13, 2012). In 2013, bilateral trade reached 560 million euros, up 41% from the previous year, and Kampuchea exported to the European Union to 223 million euros, up 35% over the previous year. In the past, the main export products were clothing (66.9%), fishery products (8%), rice (4.4%) and beans (4.3%). In 2013, the export product structure of the EU changed slightly, the proportion of clothing exports decreased (58.2%), gemstones (11.7%) and wooden products (7.8%) became an important export item for Burma. < /p >
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