Plan for implementation of UKVFTA adopted

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Prime Minister Pham Minh Chinh has approved a plan for the implementation of the UK-Viet Nam Free Trade Agreement (UKVFTA).
plan for implementation of ukvfta adopted
The plan aims to promote mutual recognition of assessment results in conformity with the UK, especially for Viet Nam’s key products exported to the country. – Photo baoquocte.vn

The plan aims to assign tasks and responsibilities to agencies and organisations and decide on measures to implement the deal fully and effectively.

The Government leader requested ministries, sectors and localities to step up the dissemination of information about the UKVFTA as well as the UK market, build laws and institutions, enhance the competitiveness and develop human resources, and improve social welfare, environmental protection and sustainable development policies, along with carrying out regular tasks.

It is necessary to popularise information about the agreement and the UK market to relevant people, especially farmers, fishermen and workers via different means of communications to raise their awareness of the deal’s commitments as well as work that must be done for effective enforcement.

The PM also asked ministries, sectors and localities to hold trade and investment promotion programmes in the UK, and continue perfecting institutions to enforce the agreement, improving the competitiveness of industries and businesses, especially micro-, small- and medium-sized enterprises.

Attention should be paid to helping Vietnamese enterprises join production networks and value and supply chains involving British businesses to take advantage of the agreement, while encouraging British-invested companies to connect with domestic partners to develop supply chains.

The plan also aims to promote mutual recognition of assessment results of conformity with the UK, especially for Viet Nam’s key exports.

VNS

Nguồn: Vietnam Investment Review

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