Vietnam Agreement

Vietnam has overtaken its regional rivals, Indonesia and Thailand, and is the EU`s second largest trading partner in ASEAN. Today, EU companies have the opportunity to apply for contracts with Vietnamese ministries and state-owned enterprises throughout the country. Vietnam will allow EU investors to solicit public contracts for ministries such as the Ministry of Defense, the Vietnam Railways Corporation and dozens of public hospitals directly under the control of the Ministry of Health. The European Commission estimates that the agreements will help increase exports to Vietnam by 29% in 2035 and increase GDP to $29.5 billion. Nixon asked prominent Asian-American politician Anna Chennault to be his “channel to Mr. Thieu”; Chennault agreed and regularly told John Mitchell that Thieu had no intention of participating in a peace conference. The 2 M. Chennault informed the South Vietnamese ambassador: “I just heard about my boss in Albuquerque saying that his boss [Nixon] is going to win. And you tell your boss to hold on for a while.

[8] Johnson learned this from the NSA and was furious to say that Nixon had “blood on his hands” and that the minority leader of the Senate, Everett Dirksen, agreed with Johnson that such an action was “treason.” [9] [10] [11] Defence Minister Clark Clifford considered these measures to be unlawful. [12] In response, President Johnson ordered the interception of members of the Nixon campaign. [13] [14] Dallek wrote that Nixon`s efforts “probably made no difference” because Thieu was unwilling to participate in the talks and there was little chance that an agreement would be reached before the election; However, his use of information provided by Harlow and Kissinger was morally questionable, and Vice President Hubert Humphrey`s decision not to make Nixon`s actions public was “an unusual act of political decency.” [15] The free trade agreement is expected to significantly improve relations around the Vietnamese economy. This has already manifested itself before the entry into force of the new Treaties, as the Investment Protection Agreement aims to reduce bureaucracy and effort as much as possible. That is why free trade is one of the EU`s flagship projects to promote justice worldwide and improve the economic situation. The free trade agreement is also worth it for the Vietnamese side. 71% of all import duties on Vietnamese products are immediately removed. After seven more years, 99% of tariffs will be eliminated in order to strengthen the economy on both sides. This will result in a significant increase in Vietnamese exports to the EU.

The EU and Vietnam have agreed to strengthen the disciplines of the WTO Agreement on Technical Barriers to Trade (TBT). In particular, Vietnam is committed to making greater use of international standards in the development of its rules. The agreement also contains a chapter on sanitary and phytosanitary (SPS) measures specifically aimed at facilitating trade in plant and animal products, with the parties agreeing on some important principles such as regionalisation and recognition of the EU as uniform. These provisions will facilitate access to the Vietnamese market for EU companies that manufacture a large number of products, including electrical appliances, IT, food and beverages. Vietnam has concluded free trade agreements with many countries in the region, such as Japan, South Korea, etc. Another important free trade agreement in which Vietnam participates is the Trans-Pacific Partnership. It concerns countries bordering the Pacific Ocean, such as Japan, Chile, Canada and Australia. . .


Please direct requests and inquiries to Guarachi Wine Partners, 22837 Ventura Blvd, 3rd Floor, Woodland Hills, CA 91364 or call 818-225-5100