Between buying and selling activities Vietnam And this UK They reached $ 1.1 billion in January and February 2021, an increase of 29.2 percent year-on-year, according to the Ministry of Industry and Commerce.
This portfolio is due to the fact that a Free Trade Agreement (FDA) that recorded two years of negotiations came into force in early 2021.
Related Note: Central America and the United Kingdom sign a trade agreement
Of that total, $ 998 million was equivalent to Vietnamese exports, a growth of 33 percent, driven by the release of tariffs on a variety of aquaculture products and the wide-ranging agricultural products of the Indonesian nation.
The UK ‘S third largest trading partner Vietnam In Europe, only behind Germany and the Netherlands. By 2020, its transactions will be approximately 64 5.64 billion.
London is trying to open up markets in Asia as it is hard to leave the EU. A few days before the FDA with Vietnam, he signed another agreement with Singapore and is in talks with other Southeast Asian countries.
Related Note: Fisheries and Export Quality Fisheries: Guatemala Executes EU Audit
With information from Latin Press Company
“Passionate beer ninja. Extreme problem solver. Thinker. Professional web fan. Avid communicator. Hardcore troublemaker.”
More Stories
UK expands military contract with Saab
Saab receives more orders for training systems from the UK
Saab receives more orders for training systems from the UK