Bericht

Combining trade and sustainability? The Free Trade Agreement between the EU and Vietnam

The European Union (EU) promotes the Free Trade Agreement with Vietnam (EVFTA) as an important milestone of its trade agenda. The agreement, whose part with EU-only issues is supposed to be ratified in 2019, is the most comprehensive one that the EU has concluded with a developing country so far, including an ambitious sustainability chapter. The reciprocal liberalization of tariffs and quotas will benefit important Vietnamese export sectors such as textiles, apparel, and footwear. On the other side, agricultural and industrial sectors in Vietnam might face increased import competition. Other provisions in the agreement such as the adoption of international or EU standards might be associated with adjustment costs. Thus, it will be crucial for Vietnam to promote its export sectors with pro-active upgrading policies. Further, the provisions in the sustainability chapter will have to demonstrate that increased trade and investment are compatible with labour and environmental protection. Both issues require substantive support by the EU.

Sprache
Englisch

Erschienen in
Series: ÖFSE Policy Note ; No. 29/2019

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Tröster, Bernhard
Grumiller, Jan
Grohs, Hannes
Raza, Werner
Staritz, Cornelia
von Arnim, Rudi
Ereignis
Veröffentlichung
(wer)
Austrian Foundation for Development Research (ÖFSE)
(wo)
Vienna
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Bericht

Beteiligte

  • Tröster, Bernhard
  • Grumiller, Jan
  • Grohs, Hannes
  • Raza, Werner
  • Staritz, Cornelia
  • von Arnim, Rudi
  • Austrian Foundation for Development Research (ÖFSE)

Entstanden

  • 2019

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