Related Keywords: by small firms in Korea, eliminate tariffs, Free trade agreement signed between Korea and Vietnam, increase exports, on amounts of imports, tariff imposed on textile goods, the Korea International Trade Association
The 15th Free Trade Agreement between Korea and Vietnam was signed in Hanoi on May 5 in the presence of Vietnamese Prime Minister Nguyễn Tấn Dũng. Minister of Trade, Industry & Energy Yoon Sang-jik and Vietnamese Industry & Trade Minister Vu Huy Hoang signed the Korea-Vietnam FTA which will eliminate 94.7 percent and 92.4 percent of their tariffs based on the amounts of imports respectively.