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EU Vietnam concludes negotiation on bilateral FTA

Related Keywords: Asean countries, between the European Union, concluded negotiations, export duties, Free trade agreement, legal clean up and national ratification remain, liberalise duties, lift EU duties on textile, Vietnam

A free trade agreement initialed between the European Union and Vietnam recently announced that they had concluded negotiations on a bilateral free trade agreement (FTA). Only legal clean-up and national ratification remain to be done on the EU Vietnam FTA (although ratification can take quite some time, as has happened with the EU-Singapore FTA).

Thailand to develop OTOP textile trade to compete international

Related Keywords: AEC, Asean countries, cotton and silk garments, entrepreneurship stimulus program, fashion accessories, handicrafts, international export, OTOP, Textile production

The Department of Industrial Promotion (DIP) and the Thailand Textile Institute would be working together to develop One Tambon (meaning sub-district) One Product (OTOP) textile and costume production in order to get ready for a larger number of international exports in the future. OTOP is a local entrepreneurship stimulus program which aims to support the unique locally made and marketed products of each Thai tambon all over Thailand.
 

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