The Association of Southeast Asian Nations (ASEAN) and the US signed in Kuala Lumpur, Malaysia, on August 25 the Trade and Investment Framework Arrangement (TIFA), which will serve as the platform for further deepening and broadening trade and investment relations between the two sides. Under the TIFA, ASEAN and the US will establish a formal dialogue to address issues between them, to coordinate on regional and multilateral trade issues, and to undertake a work plan that will support regional integration and help build on the already strong trade and investment ties between the two sides. The two sides agreed that at the initial stage, the work plan will include initiatives to support the development of the ASEAN Single Window, which will facilitate the flow of goods within ASEAN and between ASEAN and the United States. Bilateral trade between ASEAN and the United States increased from 136 billion USD in 2004 to 152.9 billion USD in 2005, an increase of 12.4 percent. Foreign … [Read more...] about ASEAN, US sign trade and investment agreement
Trade and investment framework agreement
Viet Nam, U.S. Meet over Trade and Investment Framework Agreement
U.S. and Vietnamese senior officials on March 19 started their three-day meetings on the bilateral Trade and Investment Framework Agreement (TIFA) to further strengthen the two countries' economic relationship. Officials from the U.S. Trade Representative's Office, the U.S. Patent and Trade Office, and the U.S Embassy are meeting with their counterparts from the Vietnamese Government in Ha Noi to discuss intellectual property rights, WTO implementation, market access, and other issues of bilateral interest. Last December, the two sides sat in the first, ministerial-level TIFA Council meeting in Washington. This week's working-level meetings are part of a joint initiative to intensify the bilateral economic relationship. In November 2007, U.S. Commerce Secretary Carlos M. Gutierrez visited Viet Nam with 22 American companies focused on expanding bilateral trade ties and boosting U.S. export opportunities. It was the first-ever U.S. cabinet business development mission to Ha Noi and … [Read more...] about Viet Nam, U.S. Meet over Trade and Investment Framework Agreement
Vietnam – Tatarstan: New Developments for Trade and Investment Relations
President of the Republic of Tatarstan (Russian Federation) Rustam Minnikhanov paid an official visit to Vietnam from 7 to 9 September 2014. Accompanied were representatives of the leading enterprises of Tatarstan in the fields of manufacturing machinery, Kamaz equipment and truck, military shipbuilding, military and civilian aircraft, oil and gas, chemicals and pharmaceuticals. On this occasion, the Vietnam Chamber of Commerce and Industry (VCCI) in collaboration with the Embassy of the Russian Federation, the Russian Federation Trade Representative Office in Vietnam held a meeting with the President Rustam Minnikhanov and the delegation of Tatarstan enterprises in Hanoi. … [Read more...] about Vietnam – Tatarstan: New Developments for Trade and Investment Relations
New period in economic, trade and investment cooperation between Vietnam and UK, Germany and Ireland
CPV: The first visit of Vietnam's Prime Minister Nguyen Tan Dung to the United Kingdom, the Federal Republic of Germany and the Republic of Ireland has brought many successes: contracts worth billions of USD were signed and a number of agreements were adopted, opening up a new period in relations with these three countries and with the European Union in general. Returning from the visits, the prime minister told the press that the visits had left with him very good impression from European countries and people. "In open meetings and discussions, leaders of the three countries and I sought ways to promote bilateral relations between Vietnam and each country, as well as increase cooperation on regional and international issues," he said. He noted some major achievements of the trip. First, relations between Vietnam and the UK, Germany and Ireland have been brought to a new height. In Germany, he and UK Prime Minister Gordon Brown agreed to continue to boost multilateral relations, … [Read more...] about New period in economic, trade and investment cooperation between Vietnam and UK, Germany and Ireland
Vietnam, Norway strengthen trade and investment cooperation
(VEN) - "In addition to an agreement on a schedule for the successful conclusion of a Free Trade Agreement (FTA) between the European Free Trade Association (EFTA) countries and Vietnam, I have gained better insight into opportunities to strengthen trade and investment cooperation between Norway and Vietnam" Norwegian Minister of Industry and Trade H.E. Mr Trond Giske said to Vietnam Economic News' reporter Hoa Le on the occasion of his official visit to Vietnam from April 1. As you know, the fourth round of FTA negotiations between Vietnam and EFTA will be held in June in Oslo, Norway. What do you expect from this round? Do you think that the agreement will be signed in 2014? During the first three rounds, good progresses were made in promoting mutual understanding between the two sides in various negotiation areas. In my view, the FTAs contribute to promote trade and investment cooperation between partner countries. When it comes to the Vietnamese-Norwegian relations, given the … [Read more...] about Vietnam, Norway strengthen trade and investment cooperation