Vietnam urged to make the most of FTAs

(VOVWORLD) - In the new phase of international economic integration, Vietnam has been advised to make full use of free trade agreements such as CPTPP, EVFTA and those between ASEAN and its partners, for national development. 
Vietnam urged to make the most of FTAs - ảnh 1Deputy Prime Minister Pham Binh Minh says the primary goal of international economic integration is to accelerate implementation of FTAs. (Photo: VGP)  

Deputy Prime Minister and Foreign Minister Pham Binh Minh made the suggestion at a working session of the Inter-sectoral Steering Committee for International Economic Integration in Hanoi yesterday. Minh, who is also head of the steering committee, said the primary focus now should be on the effective implementation and utilization of opportunities from free trade agreements, especially the CPTPP, EVFTA, and ASEAN agreements with partners.

The Deputy Prime Minister requested that the Ministry of Foreign Affairs, the Ministry of Industry and Trade and relevant ministries and agencies work closely together to successfully implement ASEAN integration tasks in 2020, helping elevate Vietnam’s international prestige and position in putting forward initiatives and realizing the ASEAN Community Vision 2025.

In addition, he said the designated ministries and agencies should foster Vietnam’s active role in and contributions to multilateral economic cooperation mechanisms such as APEC and WTO.