Vietnam, Japan to continue free trade talks

Thanh Nien News (Ho Chi Minh City) | 20 March 2007

Vietnam, Japan to continue free trade talks

The second round of an Economic Partnership Agreement (EPA) featuring a free trade agreement between Vietnam and Japan will be held in Hanoi on March 26-27.

The first round was held in January, focusing on how to proceed with the negotiations which were agreed upon by the two governments during Vietnamese PM Nguyen Tan Dung’s visit to Japan last year.

Vietnam News Agency quoted Kozo Yamamoto, Japan’s Deputy Minister of Economy, Trade and Industry, as saying Monday during his visit to Vietnam that he hoped a trade agreement would be signed by the end of this year.

The paper quoted Japanese ambassador to Vietnam, Norio Hattori, as saying that Vietnam wanted Japan to reduce import duties on Vietnamese farm, forestry, and fishery products.

Japan wanted lower duties on its industrial product exported to Vietnam.

Vietnam also wanted Japan to receive more Vietnamese laborers to work as domestic helps and caregivers.

Source: Tuoi Tre

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source: Thanh Nien News