Free Trade Agreement between the United Kingdom and the Socialist Republic of Vietnam | |
---|---|
Type | Free trade agreement |
Context | Trade continuity agreement between the United Kingdom and Vietnam |
Signed | 29 December 2020 |
Location | Hanoi, Vietnam |
Effective | 1 January 2021 |
Condition | Ratification by all signatories |
Negotiators | |
Parties | |
Languages |
The United KingdomâVietnam 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 UnionâVietnam Free Trade Agreement. [1] [2]
The agreement replicates the European UnionâVietnam FTA terms with minor changes. [3] [4]
Trade value between the United Kingdom and Vietnam was worth ÂŁ7,057 million in 2022. [5]
Free Trade Agreement between the United Kingdom and the Socialist Republic of Vietnam | |
---|---|
Type | Free trade agreement |
Context | Trade continuity agreement between the United Kingdom and Vietnam |
Signed | 29 December 2020 |
Location | Hanoi, Vietnam |
Effective | 1 January 2021 |
Condition | Ratification by all signatories |
Negotiators | |
Parties | |
Languages |
The United KingdomâVietnam 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 UnionâVietnam Free Trade Agreement. [1] [2]
The agreement replicates the European UnionâVietnam FTA terms with minor changes. [3] [4]
Trade value between the United Kingdom and Vietnam was worth ÂŁ7,057 million in 2022. [5]