(Haiphong.gov.vn) - On the morning of November 8, the City Department of Industry and Trade coordinated with the Department of Multilateral Trade Policy - Ministry of Industry and Trade to organize the Workshop "Trade Partnership Agreement [...]
(Haiphong.gov.vn) - On the morning of November 8, the City Department of Industry and Trade coordinated with the Department of Multilateral Trade Policy - Ministry of Industry and Trade to organize a workshop "Regional Comprehensive Economic Partnership Agreement (RCEP) and export opportunities for businesses".
Attending the workshop were representatives of leaders of departments, branches, branches and localities; associations, associations and production, import and export businesses in the city.
Director of the Department of Industry and Trade Nguyen Van Thanh gave the opening speech at the Conference.
RCEP is an Agreement including 15 member countries, including 10 ASEAN countries and 05 partner countries: China, Japan, Korea, Australia, New Zealand signed on November 15, 2020 and officially takes effect from January 1, 2022. Despite its large coverage, RCEP member countries also participate in many other trade agreements, and because it was born later, at present, the preferential utilization rate from RCEP has not achieved as expected. However, RCEP also has strengths that other FTAs do not have. RCEP is not simply a new Agreement but a consolidation and expansion of previous FTAs, helping to simplify regulations and create a unified trade area, connecting regional FTAs together, creating a spacebroader and more connected economy... so the Conference is a good opportunity for Hai Phong authorities and businesses to learn more deeply and clearly about the RCEP Agreement. From there, raise awareness for state management agencies as well as support the business community to exploit and take full advantage of the benefits that RCEP brings to Hai Phong city's goods exports.
The Department of Multilateral Trade Policy, Ministry of Industry and Trade introduced the RCEP Agreement at the Workshop.
Presenting at the Workshop were experts from the Department of Multilateral Trade Policy, Ministry of Industry and Trade, introduced the RCEP Agreement and commitments related to textiles, footwear, and electrical equipment; Rules of Origin in the RCEP Agreement and opportunities to promote diversification and increase exports; opportunities to export textiles and footwear to the Japanese market; Improving online export capacity for medium, small to micro enterprises...
In Hai Phong, recent attention has always been paid to the implementation of Agreements, which has made an important contribution to the city's economic development. In 2024, although the world economic context is complicated, with more difficulties than advantages, some basic import-export indicators of the city still achieve certain results, specifically: total export turnover in 10 months is estimated at 29.28 billion USD, up 23.23% over the same period, reaching 88.73% of the year plan; Total import turnover in 10 months is estimated at 23.39 billion USD, up 1.1% over the same period, reaching 73.11% of the year plan; Total retail sales of goods and service revenue in 10 months is estimated at 185,559.8 billion VND, up 13.45% over the same period, reaching 83.4% of the plan...
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