EVFTA to come into effect in a month

VNS Update: July, 01/2020 – 16:31

A frog meat processing line exported to the EU at Tân Thành Lợi Co., Ltd., in the southern province of Long An. — VNA/VNS Photo

HÀ NỘI — The free trade agreement between the European Union and Việt Nam, known as the EVFTA, which was signed on June 30 last year, will enter into force on August 1.

The announcement was made by the European Commission in a notice published on Tuesday.

The EVFTA will abolish 65 per cent of the duties on EU exports to its developing partner, with the remainder phased out over a 10-year period.

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