Republic of Korea and Vietnam Negotiate on Trade Defense

According to a VNA reporter in Seoul, on November 6, the Trade Commission under the Ministry of Trade, Industry and Energy of the Republic of Korea (MoTIE) and the Vietnam Trade Defense Agency discuss cooperation on trade defense.
November 07, 2024 | 09:19
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Republic of Korea and Vietnam Negotiate on Trade Defense
Photo: Hanoimoi

Since the entry into force of the RoK-Vietnam Free Trade Agreement (FTA) in 2015 and the signing of the business agreement on expanding cooperation between trade defense organizations between the two countries in 2018, the two sides' trade defense agencies have promptly discussed issues on each country's import regulations. They established a cooperation channel to discuss trade defense and have conducted a close exchange mechanism.

The Ministry of Trade, Industry and Energy of the Republic of Korea said trade officials from both sides will focus on discussing measures to mitigate trade disputes, new issues in the trade sector, and cooperation in anti-dumping investigations. In addition, the two sides will also discuss measures to promote bilateral trade between Vietnam and RoK.

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