EAEU embassies hold press conference

by VTV406 October 2016 Last updated at 05:17 AM

VTV.vn - A press conference on the effect of Vietnam's free trade agreement with the Eurasian Economic Union (EAEU) was conducted by embassies of the union in Vietnam today.

The conference aimed to inform Vietnamese businesses and authorities of the opportunities that the EAEU presents to Vietnam now that the agreement has come into effect. Russian Ambassador to Vietnam Konstatin Vnukov has emphasised the significance of this event. He reiterated that Vietnam is the first country the bloc has signed an FTA with. This reflects Vietnam's position as a valuable partner to the EAEU.

The agreement is expected to eliminate tariffs for over 90% of traded goods and create favourable conditions for investors of both sides to conduct business in each other's territories.

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