08/05/2014 09:22 GMT+7 Email Print Like 0

Conference aims to facilitate trade with EU

A symposium was held in Hanoi on May 7 to pinpoint how Vietnam can meet the standards, specifications and labelling requirements required of exports to the EU.

Pham Thu Giang, Deputy Director of the Science and Technology Department under the Ministry of Industry and Trade, said the conference helped domestic management agencies and businesses to heighten their awareness of the regulations, creating conditions for the two sides to realise a planned Free Trade Agreement (FTA).

She added that the event enabled home producers to update information on labelling requirements for exports shipped to the EU, especially garments, footwear and plastic products.

David Martin, an expert of the European Trade Policy and Investment Support Project (EU-MUTRAP), said the programme drives at aiding Vietnam in increasing its integration with global trade and fostering economic relations with the EU.

Noticeably, it has supported the ministry in policy making to improve its capacity for dealing with the EU.

Vietnam is facing shortcomings and challenges in shipping products to the bloc, asserted Casten Kudahl, another EU-MUTRAP expert. He noted that below 40 percent of the country’s existing standards match those applied elsewhere in the world, such as the International Organisation for Standardization (ISO) and the International Electro-technical Commission (IEC).

He suggested the country needs to issue more national standards in accordance with international counterparts in order to facilitate trading activities.
VNA/VNP