scholarly journals Impacts of EVFTA on exportation of Vietnamese footwear products to EU market

Author(s):  
Hoang Tien Nguyen ◽  
Hanh Thi Bich Nguyen

The European Union - Vietnam Free Trade Agreement (EVFTA), which officially came into play on August 1, 2020, is one of the latest endeavors of Vietnam regarding the international integration process and is expected to create a great boost for Vietnamese exports to the EU. Footwear, one of the Vietnamese key export products, is also inevitably affected by this agreement. This study was conducted to evaluate the impacts of the EVFTA on the growth of Vietnam footwear exportation to the EU market by quantitative analysis method through the SMART model based on the database of trade and tariffs between Vietnam - EU and under a scenario in which tariffs are reduced to 0% once the EVFTA comes into force. The authors have collected, synthesized, and analyzed secondary data from trustworthy sources, and conducted in-depth interviews with professional experts who have been working for several years in the international integration field. Results from the study show that the EU's removal of import tariffs on Vietnamese footwear products under EVFTA not only increases Vietnamese export value but also makes these products more competitive than those of competitors, even domestic manufacturers in the EU. Some implications, therefore, are suggested to promote Vietnamese footwear exportation to the EU market in the coming time.

2018 ◽  
Vol 77 (1) ◽  
pp. 29-32
Author(s):  
Rumiana Yotova

ON 16 May 2017, the Court of Justice of the European Union (CJEU) delivered its Opinion 2/15 concerning the competence of the EU to conclude the Free Trade Agreement with Singapore (EUSFTA) (ECLI:EU:C:2017:376). The Opinion was requested by the Commission which argued, with the support of the European Parliament (EP), that the EU had exclusive competence to conclude the EUSFTA. The Council and 25 of the Member States countered that the EUSFTA should be concluded as a mixed agreement – that is, by the EU and each of its members – because some of its provisions fell under the shared competence of the organisation or the competence of the Member States alone.


2020 ◽  
Vol 23 (4) ◽  
pp. 865-884
Author(s):  
Wolfgang Weiß ◽  
Cornelia Furculita

Abstract Considering the new focus of the European Union (EU) trade policy on strengthening the enforcement of trade rules, the article presents the proposed amendments to the EU Trade Enforcement Regulation 654/2014. It analyzes the EU Commission proposal and the amendments suggested by the European Parliament Committee on International Trade (INTA), in particular with regard to uncooperative third parties and the provision of immediate countermeasures. The amendments will be assessed in view of their legality under World Trade Organization (WTO), Free Trade Agreement (FTA), and general international law and in view of their political implications for the EU’s multilateralist stance. Finally, the opportunity to amend Regulation 654/2014 to use it for the enforcement of FTA trade and sustainable development chapters will be explored. The analysis shows that the shift towards more effective enforcement should be pursued with due care for respecting existing international legal commitments and with more caution to multilateralism.


2017 ◽  
Vol 14 (2) ◽  
pp. 208-222
Author(s):  
Heidi Stockhaus

The new free trade agreement with the European Union will bring Vietnam’s economic integration to a new level once it enters into force. In the past, the associated economic growth has led to environmental deterioration due to inappropriate regulations and poor enforcement. Currently, environmental problems are visible everywhere and attract the attention of citizens as well as lawmakers. The new free trade agreement establishes a framework for sustainable development in the context of trade and investment. The relevant provisions aim to maintain Vietnam’s right to regulate for the targeted protection level, require the country to take measures to mitigate the pressure on the environment, and open the door for cooperation with the European Union. However, it remains to be seen, whether these provisions balance the risks associated with the increase in trade and investment through the free trade agreement.


2008 ◽  
Vol 33 (3) ◽  
pp. 257-294 ◽  
Author(s):  
Ljiljana Biuković

AbstractAmendments made to the Central European Free Trade Agreement (CEFTA) in 2006 mark significant developments in the economic integration of the Western Balkans. Among those amendments were changes to the Agreement's dispute resolution mechanism. This article analyzes the latest developments in economic integration in the Western Balkans and examines the nature and operation of the dispute resolution mechanisms used in CEFTA. Explanations for important changes to the dispute settlement process in CEFTA are suggested by examining the context of the members' economic, political, social and legal surroundings. The article surveys ongoing tendencies in the development of dispute resolution mechanisms in other regional trade agreements, in particular those utilized by the European Union (EU), as a means of exploring the rationale behind the new CEFTA. It argues that the EU practice—developed in EU association agreements with third countries—has inspired the 2006 amendments to the CEFTA dispute resolution mechanism.


Author(s):  
Pasha L. Hsieh

Abstract The article examines the theoretical concept of interregionalism in the context of the evolving framework between the European Union (EU) and the Association of Southeast Asian Nations (ASEAN). As the EU’s first free trade agreement (FTA) with an ASEAN country, the EU-Singapore FTA is a pathfinder agreement that signifies a new phase of interregionalism and the EU’s new Asia strategy after the Treaty of Lisbon. The article argues that the innovative designs of the EU-Singapore FTA will shape the normative development of EU-ASEAN relations in the post-pandemic era. It also cautions that a comparative analysis of EU and US agreements reveals deficiencies in the FTA that require remedies. To buttress the contention, key provisions on ASEAN cumulative rules of origin, banking and legal services and non-tariff barriers are analysed in light of contemporary Asian agreements. The research further provides insight into the effectiveness of new-generation rules on geographical indications, competition, and investor-state arbitration and mediation. Hence, the findings contribute to the understanding of interregionalism and the EU’s Asia-Pacific trade and investment agreements from global and interdisciplinary perspectives.


2016 ◽  
Vol 44 (1) ◽  
pp. 143-155 ◽  
Author(s):  
Jennifer Stoddart ◽  
Benny Chan ◽  
Yann Joly

The European Union (EU) approach to data protection consists of assessing the adequacy of the data protection offered by the laws of a particular jurisdiction against a set of principles that includes purpose limitation, transparency, quality, proportionality, security, access, and rectification. The EU's Data Protection Directive sets conditions on the transfer of data to third countries by prohibiting Member States from transferring to such countries as have been deemed inadequate in terms of the data protection regimes. In theory, each jurisdiction is evaluated similarly and must be found fully compliant with the EU's data protection principles to be considered adequate. In practice, the inconsistency with which these evaluations are made presents a hurdle to international data-sharing and makes difficult the integration of different data-sharing approaches; in the 20 years since the Directive was first adopted, the laws of only five countries from outside of the EU, Economic Area, or the European Free Trade Agreement have been deemed adequate to engage in data transfers without the need for further administrative safeguards.


2016 ◽  
Vol 16 (1) ◽  
pp. 9 ◽  
Author(s):  
Alina Bârgăoanu ◽  
Loredana Radu ◽  
Elena Negrea-Busuioc

<p>The financial and economic turmoil within the European Union has significantly impacted upon the way in which the European citizens assess the advantages of EU membership and the future of the integration process. Intensely preoccupied with the economic problems, the EU leadership has lost sight of the constant decrease of public support and the increasing lack of citizens’ confidence in the Union. This paper seeks to show the dynamics of public opinion between 2008 and 2013 with a special focus on the rise of Euroscepticism, using secondary data analysis of standard Eurobarometers. Our longitudinal analysis reveals the dynamics of EU-related attitudes and perceptions before, during, and after most of events that are usually labeled under the rather generic term “crisis”.</p>


Author(s):  
Christina Plank

The non-signing of the association and free trade agreement with the EU by the former Ukrainian president Victor Janukovych triggered the on-going conflict in the Ukraine. By offering a deepening of the political and economic relations with the West, the EU did not consider Russia’s interests in the post-Soviet region. Drawing on Harvey, the article argues that within this process the territorial-geopolitical logic prevails over the capitalist logic of power. Economic interests of the European Union exist, but they are not sufficient to explain the conflict in Eastern Ukraine. Rather, the conflict can be understood as a non-intentional consequence of the EU’s politics concernging the Ukraine. In particular, three sectors – finance, energy and agriculture – are relevant for the EU in Ukraine. However, up to now the European capital factions are facing difficulties in asserting their interests in these sectors due to strong oligarchic structures in the country. Together with the territorial-geopolitical logic of power they have to be taken into account to explain the conflict. Ultimately, the armed conflict in the Eastern Ukraine endangers the EU’s economic ties with Russia. These are more important for the EU than its economic relations with Ukraine. As a result, the territorial-geopolitical logic unfolds as opposed to the capitalist logic in the conflict.


Author(s):  
Detlef Nolte ◽  
Clarissa Correa Ribeiro Neto

Abstract The relations with the European Union (EU) began almost with the Mercosur’s creation. After signing a first framework agreement in 1995, the EU and Mercosur began negotiating a comprehensive interregional partnership with a free trade agreement since 1999. Negotiations were conducted with ups and downs, suspended, and resumed over a period of more than 20 years, and up to Mercosur’s 30th anniversary there is still no free trade agreement ratified with the EU. Based on the broad literature on the relations between the EU and Mercosur (both by European and Latin American authors) and on the analysis of official documents and declarations from the EU and Mercosur, this paper proposes some explanations as to why these negotiations have progressed so slowly and faced so many obstacles.


Author(s):  
Maria Garcia

Over the past two decades the economic relations between the European Union and Asia have increased exponentially, yet policy responses have lagged behind. Tracing EU official documents since the mid-1990s, this paper shows how the EU continues to perceive its position in Asia as weak, and how it has been shaped by USA actions in the region, and competitiveness concerns. The paper focuses on current trends in free trade agreement negotiations and argues that the EU’s policy has been guided by fear of competition with the USA, and to a lesser extent with Japan and China. A short case study section compares the EU and USA FTAs with South Korea (the only ones finalized thus far) and shows how their similar content reveals a game of competition and of preventing future discrimination. A final section draws some implications from this case study for ongoing negotiations in the region.


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