Trade pact not enough for Vietnam pepper to conquer European market


HANOI: Although the Vietnam-European Union Free Trade Agreement (EVFTA) appears to be a boon for Vietnamese pepper, expanding market reach in Europe requires much more than FTA-induced tariff advantages.

Hoang Thi Lien, chairman of the Vietnam Pepper Association, estimated that Vietnam exported roughly 211,500 tonnes of pepper in the first 11 months of 2022, raking in US$911mil (RM4bil).

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EVFTA , Vietnamese pepper , Europe , FTA

   

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