EU agri-food & commodities traders supports the EU-Vietnam Free Trade Agreement
CELCAA, the EU association representing the trade in agri-food and commodities invites the Members of the European Parliament (MEPs) to consider the benefits of EVFTA for both sides and to approve the EU-Vietnam Free Trade Agreement, that will be put for your vote on 21st January 2020.
The trade agreement, with its liberalisation of tariffs and deepening of business links, represents a great opportunity for European businesses – granting access to a strong emerging market of close to 100 million people. For the agri-food sector, the Vietnamese market represents over 800 M€ of export potential growth through full liberalisation for wine, dairy, beef meat, frozen pork meat and protection of key geographical indications.
It also opens the door to partnership, dialogue and cooperation with Vietnam creating stronger ties with the South-East-Asian region and will raise standards for consumers and workers alike. The agreement contains a strong chapter on trade and sustainability, to which the Commission and Vietnam have made a strong commitment to ensure close compliance. For the agri-food sector, the trade deal includes robust rules on animal and plant health with clear processes to be respected and recognises the respective agri-food sensitive products.
CELCAA firmly supports the approval of the EU-Vietnam Agreement, and we ask for your support of ratification of this Free Trade Agreement in the INTA committee on Tuesday, 21 January.