HANOI – Vietnam and the Eurasian Customs Union of Belarus, Kazakhstan, and Russia have concluded negotiations for a free trade agreement (FTA) in a ceremony witnessed by Vietnamese Prime Minister Nguyen Tan Dung in Kien Giang province.
The FTA covers trade, customs facilitation, intellectual property, investment, legal issues, military industries, rules of origin, animal and plant quarantine, and lifting legal and technical barriers to trade. Trade negotiations began in March 2013 and the FTA is expected to come into law in early 2015 after both sides have finished finalizing certain technical details.