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International Relations, PUBLICATIONS

EU-Vietnam Free Trade Agreement [International Agreements in Progress]

Written by Martin Russell,

EU-Vietnam Free Trade Agreement

© De Visu / Fotolia

The free trade agreement (FTA) with Vietnam has been described as the most ambitious deal of its type ever concluded between the EU and a developing country. Not only will it eliminate over 99 % of customs duties on goods, it will also open up Vietnamese services markets to EU companies and strengthen protection of EU investments in the country.

According to European Commission figures, the FTA could boost Vietnam’s booming economy by as much as 15 % of GDP, with Vietnamese exports to Europe growing by over one third. For the EU, the agreement is an important stepping stone to a wider EU-south-east Asia trade deal.

Despite the obvious economic benefits of the FTA for Vietnam, some of its more vulnerable manufacturing sectors may suffer from competition with the EU. NGOs have also criticised the EU for pursuing closer ties with a politically repressive regime known for its human rights abuses, although the deal includes some safeguards against negative outcomes.

Although the content of the FTA was already agreed in 2015, ratification has been delayed by a 2017 opinion of the European Court of Justice. The Court argued that some aspects of the EU-Singapore FTA, which is similar to the Vietnam FTA, are ‘mixed competences’, meaning that the FTA as it stands will have to be ratified not only by the EU but also by the 28 Member States. The Commission and Council are now considering whether to modify the agreement so that parts of it can be ratified more speedily by the EU alone.

Free trade agreement between the European Union and Vietnam
Committee responsible: International Trade (INTA)
Rapporteur: Jan Zahradil (ECR, Czech Republic

international agreements in progress - step negotiation


Read the complete briefing on ‘EU-Vietnam free trade agreement‘ on the Think Tank pages of the European Parliament.


EU-Vietnam trade – facts and figures

EU-Vietnam trade – facts and figures

Discussion

5 thoughts on “EU-Vietnam Free Trade Agreement [International Agreements in Progress]

  1. Postupné odbúranie regulácie zahraničného obchodu pomocou colných sadzieb je v dobe globalizácie správny asi nevyhnuteľnosť. Neustále zrýchľovanie toku tovaru zo zahraničia, zvyšovanie počtu schválených hospodárskych subjektov ( AEO) pri colnom prejednávaní, prinútilo politikou, vlády hľadať “náhradnú” pracovnú náplň colným úradníkom. Ak k tomu pridáme večný boj o investície a investorov, vznikol priestor pre zánik colnej kontroly – fyzickým spôsobom a zaniklo odhaľovanie klasickej kriminality ktorá sa pácha nedodržiavaním colných predpisov. Cigarety, drogy, falošné výrobky sa síce odhaľujú ale tieto komodity nie sú všetky zaujímavé z colného sadzobníka.

    Ak si zoberieme že dva zo štyroch základných pilierov vlastných finančných zdrojov Európskej únie sú clo a DPH, tak práve tieto sú krátené absenciou colnej kontroly.

    Uvedený výpadok Európska komisia chce vyriešiť navŕšením ďalšieho piliera vlastných finančných zdrojov HDP. Z 1 % sa chcú dostať na 1,1 – 1,2 % HDP všetkých členských štátov EÚ. K tomu ešte zaviesť nové dane aby sa rozpočty naplnili.

    Uvedený spôsob je úradnícky najjednoduchší, najrýchlejší a hlavne to zaplatia všetci obyvatelia a podnikatelia EÚ.

    Odhaľovanie krátenia ciel a rozpočtov je ten náročnejší spôsob. Čo by sa potom ukladalo do daňových rajov ??

    Podľa Osobitných správ a údajov z Euro-statu som analýzou zistil : ročne uniká pri dovoze tovaru do EÚ z tretích krajín na cle, DPH, spotrebných daniach, dani z príjmu právnických osôb viac ako
    499 000 000 000 € . Pre predstavu je to 3,4 násobok rozpočtu EÚ na rok 2018.

    S uvedenou situáciou som oboznámil skoro všetky relevantné inštitúcie v EÚ. Nikto tomu nechce venovať pozornosť – úradníci zvýšia radšej príspevky, zavedú nové dane !

    My obyvatelia máme tiež v tomto chaose dôležitú úlohu : musíme to zaplatiť !

    Miroslav Jurčo
    colný inšpektor vo výslužbe

    Podrobnosti na uvedenom blogu.

    Like

    Posted by Miroslav Jurčo | February 20, 2018, 10:39

Trackbacks/Pingbacks

  1. Pingback: Vietnam Free Expression Newsletter No. 8/2018 – Week of February 19-25 – THE 88 PROJECT - February 26, 2018

  2. Pingback: Đối Thoại Điểm Tin ngày 22 tháng 2 năm 2018 | doithoaionline - February 23, 2018

  3. Pingback: Free trade agreement with EU will hurt manufacturing industry in Vietnam – Vietnam Travel & Trade Portal - February 21, 2018

  4. Pingback: EU-Vietnam Free Trade Agreement [International Agreements in Progress] | Vatcompany.net - February 20, 2018

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The content of all documents (and articles) contained in this blog is the sole responsibility of the author and any opinions expressed therein do not necessarily represent the official position of the European Parliament. It is addressed to the Members and staff of the EP for their parliamentary work. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the European Parliament is given prior notice and sent a copy. Copyright © European Union, 2014. All rights reserved

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