The free trade agreement between Vietnam and the Eurasian Economic Union (including: Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan) was launched by the two Parties in March 2013. After 2 years of negotiations with 8 official session and many mid-term sessions, on May 29, 2015, the Prime Ministers of the countries officially signed this Agreement in Burabay, Kazakhstan.<\/p>\n
The Ministry of Foreign Affairs of Vietnam has issued a document announcing that the two sides have completed ratification procedures and the FTA between Vietnam and the Eurasian Economic Union will officially take effect from October 5, 2016.<\/p>\n
After taking effect, the two sides will establish a Joint Committee, Committee on Trade in Goods, and Subcommittee on Rules of Origin to coordinate effective implementation and monitor the implementation of the agreement.<\/p>\n