Vietnam and EFTA sign free trade agreement
Vietnam and four European countries — Iceland, Liechtenstein, Norway and Switzerland, members of EFTA — signed a free trade agreement in Hanoi. The deal eliminates or reduces tariffs on industrial, fishery and agricultural goods. Negotiations began in 2012 and resumed last year after a pause since 2018. Experts link the agreement to the desire to diversify trade amid US tariffs.
Dilnoza Rahimova