Facing the difficult situation of exporting agro-products of the province, businesses, cooperatives and farmers find ways to adapt such as adding new products, diversifying product forms, improving product quality and services, lower costs, access to new markets, etc. Binh Phuoc Department of Industry and Trade identified that one of the goals to quickly remove difficulties for agricultural and forestry products. The department researches and exploits maximum benefits from the free trade agreements (FTAs) that Vietnam signed, it focuses on FTAs having direct impacts on each product and commodity lines (especially the province’s key agro-products such as cashew nuts, peppercorn, durian, pomelo, jackfruit, avocado, wood pellets and wood products,...).
The goal of Binh Phuoc Department of Industry and Trade in the new situation
15 FTAs thatVietnam signed and has beenin effect will be an approach for the Department to start with localbusinesses, cooperatives and farmers in order to deeply and effectively enter into related markets. Specific FTAs include:
ASEAN Free Trade Area
ASEAN-Australia and New Zealand Free Trade Agreement
ASEAN-People’s Republic of China Comprehensive Economic Cooperation Agreement
ASEAN-Republic of Korea Comprehensive Economic Cooperation Agreement
Comprehensive and Progressive Agreement for Trans-Pacific Partnership
Japan-Viet Nam Economic Partnership Agreement
Regional Comprehensive Economic Partnership
Republic of Korea-Viet Nam Free Trade Agreement
Viet Nam-Chile Free Trade Agreement
Viet Nam-Eurasian Economic Union Free Trade Agreement
Viet Nam-European Union Free Trade Agreement
Viet Nam-United Kingdom Free Trade Agreement
The Department will continuously update export opportunities, target customers, target export prices, and all necessary and sufficient conditions for successful export to the markets of the above countries./.