United_Kingdom–Vietnam_Free_Trade_Agreement

United Kingdom–Vietnam Free Trade Agreement

United Kingdom–Vietnam Free Trade Agreement

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The United Kingdom–Vietnam Free Trade Agreement (UKVFTA) is a free trade agreement between the United Kingdom and Vietnam. It was signed prior to the withdrawal of the United Kingdom of the European Union as a Continuity trade agreement in order to protect trade and investment between the two parties as the UK would no longer be a party of the European Union–Vietnam Free Trade Agreement.[1][2]

Quick Facts Free Trade Agreement between the United Kingdom and the Socialist Republic of Vietnam, Type ...

The agreement replicates the European Union–Vietnam FTA terms with minor changes.[3][4]

Trade value between the United Kingdom and Vietnam was worth £7,057 million in 2022.[5]

See also

References

  1. [1]
    "UK strikes Singapore and Vietnam trade deals, start of new era of trade with Asia '". GOV.UK. 10 December 2020. Archived from the original on 10 December 2020. Retrieved 10 December 2020.
  2. [2]
    "U.K., Vietnam Reach Free-Trade Deal as Brexit Deadline Looms". Bloomberg. 11 December 2020. Retrieved 13 January 2024.
  3. [3]
    "UK/Vietnam: Free Trade Agreement". GOV.UK. Retrieved 17 September 2022.
  4. [4]
    "UK trade deal benefits Vietnamese goods". Ministry of Industry and Trade of the Socialist Republic of Viet Nam. Retrieved 17 September 2022.
  5. [5]
    "UK trade agreements in effect". GOV.UK. 3 November 2022. Retrieved 9 February 2024.
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