Vietnam, Customs Union conclude fourth FTA ministerial talks

The fourth round of ministerial talks on a free trade agreement (FTA) between Vietnam and the Customs Union of Belarus, Kazakhstan and Russia wrapped up in Danang city on February 14. 

The round opened in the central city on February 9 under the co-chair of Vietnamese Minister of Industry and Trade Vu Huy Hoang and Eurasian Economic Commission Trade Minister Andrey Slepnev.

In the spirit of cooperation, openness and mutual interest, the two sides basically agreed upon the content of the agreement.

They set a target of concluding the negotiations by the end of this year.

The two sides agreed to speed up information sharing and internal consultation as well as the progress of group negotiations for the next round, slated for March 31 to April 4 in Kazakhstan.

Discussions focused on goods trade, rules of origin, customs management, technical barriers, sanitary and phytosanitary measures, investment, intellectual property and government procurement among others.

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