TEXTILE INDUSTRY STILL AWAITING CLARITY ON FORTHCOMING EU-VIETNAM FTA
September 1st, 2014
Although the outgoing European Commission president José Manuel Barroso on his late-August visit to Vietnam presented the planned European Union (EU)-Vietnam free-trade agreement (FTA) as a nearly finalised deal - and Vietnamese state media predict the signing will happen in October - the Vietnamese textile industry is still unsure about the FTA’s potential impact. Anxiously awaiting an announcement on what rules of origins will apply, industry sources warn that Vietnam’s up and middle stream textile plants are so dependent on imported inputs that if the FTA ...
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