The EFTA bloc, comprising Switzerland, Norway, Iceland, and Liechtenstein, has a relatively small population but a combined GDP of about €1.3 trillion (US$1.5 trillion), high living standards, and strong demand for high-quality products.
Vietnamese exporters are not making use of Foreign Trade Agreement (FTA)
opportunities as many of them do not know how to claim priority tariffs
from FTAs.
The mechanism on self-issue certificate of origin (C/O) for goods
exported to the EU and European Free Trade Association (EFTA) markets
would help Viet Nam''s export enterprises, said experts.
Negotiations on the Sanitary and Phytosanitary Systems (SPS) play a
pivotal role in promoting free trade between Viet Nam and the European
Free Trade Association (EFTA), which is also estimated to boost Viet
Nam''s exports in the EU.
