Effectively utilizing the RCEP Agreement to expand exports of local strategic goods

On October 31, the Department of Industry and Trade of Thanh Hoa province coordinated with the Ministry of Industry and Trade to organize a workshop on enhancing the export capacity of strategic goods of Thanh Hoa province within the framework of the RCEP Agreement, rules of origin, customs procedures and regulations on animal and plant quarantine. The workshop attracted the participation of many business associations and import-export industries in the province.

Overview of the conference.

At the workshop, delegates focused on discussing information: Overview of the RCEP Agreement, commitments on trade in goods, rules of origin in the Agreement; notes on customs procedures of countries in the Agreement; regulations on food safety and animal and plant quarantine in the Agreement as well as opportunities to promote diversification to increase exports. Effective from 2022, the RCEP Agreement is currently the largest free trade agreement in the world , with a population of about 2.3 billion consumers, GDP accounting for about 30% of the world.

Delegates attending the conference.

The implementation of the RCEP Agreement has helped Vietnamese enterprises in general and Thanh Hoa in particular to participate more deeply in the regional supply chain, promote the export of goods and improve competitiveness. However, in addition to opportunities, enterprises also have to face many trade defense measures, anti-dumping, anti-subsidy and other technical barriers.

The workshop helped businesses equip themselves with knowledge about the rules, regulations and trade defense procedures from the RCEP Agreement. At the same time, this is also a forum for businesses, experts and management agencies to exchange, discuss and resolve problems. Thereby, effectively taking advantage of the incentives from the Agreement to maximize benefits and promote market diversification, increasing exports to RCEP countries.

Khanh Phuong

Source: https://baothanhhoa.vn/tan-dung-hieu-qua-hiep-dinh-rcep-de-mo-rong-xuat-khau-cac-mat-hang-chien-luoc-cua-dia-phuong-267192.htm