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FREE TRADE AGREEMENT BETWEEN THE SOCIALIST REPUBLIC OF VIET NAM, OF THE ONE PART, AND THE EURASIAN ECONOMIC UNION AND ITS MEMBER STATES, OF THE OTHER PART (VN-EAEUFTA)

Free Trade Agreement between Vietnam and Eurasian Economic Union (EAEU - including Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan) was started negotiation by both Parties in March 2013. After 2 years of negotiations with 8 official sessions, was officially signed on May 29, 2015 in Burabay, Kazakhstan.

The Ministry of Foreign Affairs of Vietnam has issued a written notice that the two sides have completed the ratification procedures and the FTA between Vietnam and the Eurasian Economic Union officially took effect from October 5, 2016.

After taking effect, the two sides will establish a Joint Committee, a Committee on Trade in Goods, and a Sub-Committee on Rules of Origin to coordinate the effective implementation and at the same time supervise the implementation of the agreement.