Home / Knowledge / News / FTA with Japan moves forward
FTA with Japan moves forward
Oct '09
A meeting between the officials of Vietnam and Japan was held recently in Tokyo, wherein measures to put the 'Vietnam-Japan Economic Partnership Agreement' (VJEPA) into effect was the key topic.

This was the first ever meeting, by the Joint Committee on the Implementation of the VJEPA after signing the pact in December 25, 2008, which was a step towards developing the economic, trade, cooperation and investment relations between the two countries, said Mr. Vu Huy Hoang, the Minister of Industry and Trade.

Strengthening the bilateral relations is Japan's firm policy, said Mr. Katsuya Okada, Japanese Minister for Foreign Affairs. The VJEPA is its 10th free trade agreement. It has already made trade deals with the countries such as Singapore, Mexico, Malaysia, Chile, Thailand, and with the Association of Southeast Asian Nations (ASEAN) as well.

VJEPA is Vietnam's first bilateral free trade agreement, after its joining with the World Trade Organization. The first of the meetings and discussions for the trade deal had started in January 2007, just after Vietnam's entry in the WTO.
Within 10 year's, about 94 percent of total exports and 86 percent of agricultural exports from Vietnam to Japan will enjoy tax exemption.

In the first stage of the agreement, priorities will be given to train Vietnamese nurses in Japan, build a system to appraise the qualifications and ability of medical workers, set up a business dialogue mechanism in the garments sector; and to develop its support industries.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Platinum Equity acquires International Textile Group

International Textile Group (ITG) has been acquired by Platinum...

Textiles | On 26th Oct 2016

Whitehouse & URI Business Centre start RI textile network

Senator Sheldon Whitehouse and the University of Rhode Island...

Interviews View All

Victor Chao

‘In future, clothing boundary lines will become increasingly blurred.’

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search