Home / Knowledge / News / Textiles / FTA with Japan moves forward

FTA with Japan moves forward

06
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

Pic: Shutterstock

Apparel/Garments | On 19th Aug 2019

Hanoi considers safeguards for apparel sector under CPTPP

Vietnam's ministry of industry and trade is drafting a circular to...

Pic: Shutterstock

Apparel/Garments | On 19th Aug 2019

Cambodia's footwear sector ready for investment: ILO

Cambodia's footwear sector will provide more opportunities for...

Pic: Future Fashion factory

Fashion | On 19th Aug 2019

Future Fashion Factory selects 9 projects for funding

Nine projects - involving bespoke tailors to fashion brands to...

Interviews View All

Headhonchos, Textiles & allied industry

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Poojaa Kumar Deepak, Zeven

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Jim Desai, Blaiva Fabricaa

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Francesco Gozio,

Francesco Gozio

Italian company Marzoli is a leading manufacturer of the complete line of...

Herbert Guebeli,

Herbert Guebeli

Switzerland-based Sedo Engineering develops technologies for the denim...

Valter De Carli,

Valter De Carli

Savio Macchine Tessili is at the head of a group that holds a know-how of...

Silke Brand-Kirsch, Schlegel und Partner

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mark Brill, Birmingham City University (BCU)

Mark Brill
Birmingham City University (BCU)

<div>A technological breakthrough could see people getting messages about...

Daniel Kaye, RocketLife

Daniel Kaye
RocketLife

<div>RocketLife, an award-winning developer of breakthrough visual...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant &amp; Nandita are known for being inspired by...

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


August 2019

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

news category


Related Categories:

Advanced Search