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EU-Vietnam trade and investment agreements [International Agreements in Progress]

Written by Martin Russell (4th edition, updated on 14.11.2019),

EU-Vietnam Free Trade Agreement

© De Visu / Fotolia

The European Commission has described the free trade and investment protection agreements (FTA/IPA) signed with Vietnam as the most ambitious deals of their type ever concluded by the EU and a developing country. Not only will they eliminate over 99 % of customs duties on goods, they will also open up Vietnamese markets to European service providers and investors.

According to European Commission figures, the agreements will boost trade in both directions, with EU exports set to rise by nearly 30 %. Vietnam is the second south-east Asian country after Singapore to sign trade and investment agreements with the EU, bringing the long-term goal of a region-to-region EU-ASEAN trade deal a step closer.

In view of the human rights situation in Vietnam, opinions are divided on whether the agreements should be ratified. Critics argue that the EU should not approve the agreements until the situation improves. On the other hand, defenders point out that the FTA/IPA include commitments to stronger human rights (such as allowing independent trade unions); they also insist that the EU can best help to bring about improvements by engaging with Vietnam .

Following the same approach as for Singapore, the single text originally agreed in 2015 with Vietnam has been split into two parts, an FTA covering exclusive EU competences and an IPA that includes competences that are shared with EU Member States. The European Parliament is set to vote in February 2020; if it gives its consent, the two agreements will then have to be ratified by Vietnam and (for the IPA) the EU Member States before entering into force.

Free trade agreement between the European Union and the Socialist Republic of Viet Nam; Investment Protection Agreement between the European Union and its Member States, of the one part, and the Socialist Republic of Viet Nam, of the other part
Committee responsible: International Trade (INTA) FTA: 2018/0356(NLE)
IPA: 2018/0358(NLE)
Rapporteur: Jan Zahradil (ECR, Czech Republic)


Read the complete briefing on ‘EU-Vietnam trade and investment agreements‘ on the Think Tank pages of the European Parliament.


Figure 1 – EU-Vietnam trade – facts and figures

EU-Vietnam trade – facts and figures

Discussion

7 thoughts on “EU-Vietnam trade and investment agreements [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: Plenary round-up – Strasbourg, February 2020 | European Parliamentary Research Service Blog - February 14, 2020

  2. Pingback: European Parliament Plenary Session February 2020 | European Parliamentary Research Service Blog - February 7, 2020

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

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

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

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

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