According to the trade deal, textile and garments are among 12 Vietnamese products that may face the EAEU’s safeguard duties if import volumes during a calendar year exceed the trigger level of the agreement.
Vietnamese businesses have been advised to study the Viet Nam – Eurasian
Economic Union (EAEU) free trade agreement so that they can capitalise
on opportunities to boost exports to EAEU-member countries.
The Viet Nam – Eurasian Economic Union (EAEU) free trade agreement
which took effect on October 5 is expected to expand trade between Viet
Nam and Russia from the current US$4 billion to $10 billion in the next
five to seven years, a...