Free trade agreement with Europe comes into force

Other 15:42 13/09/2014 502
From now on, Honduras has tariff preferences for export to the European Union (EU) in the framework of the association agreement between Central America and the European bloc, which has just come into force.

This agreement will make it possible to have duty-free access to the EU for Honduran non-traditional products, such as the shrimp and tilapia, among others.

"As of 1 August, 2013, the EU on one side and Honduras, Nicaragua and Panama on the other will begin to implement the business part of the association agreement signed in 2012," the European Commission (EC) reported.

"The agreement will open markets and create a business and stable investment relationship between the EU and our partner countries in Central America," it was added.

The European bloc is composed of 28 Member States that share a common market with free movement of goods, capital, services and people.

The EU is the second largest trading partner in Central America: a market with 500 million consumers -- about 7 per cent of the world population – who have high purchasing power.

In 2012, the total trade flows of goods amounted to EUR 14,000 million, which included nearly EUR 1,400 million from trade with Honduras, EUR 1,200 million with Panama and EUR 400 million with Nicaragua, according to the newspaper La Prensa.

The Central American countries export mainly agricultural and fishery products.

Until the 28 EU Member States do not complete the ratification procedures, only the trade pillar will be implemented.

The agreement also includes a component of political dialogue and another one related to cooperation.

However, during the period of provisional implementation, the firms will be able to benefit from all the trade preferences provided, pointed out the EC.

It is expected that Honduras, Nicaragua and Panama enter the Community market with a slight competitive advantage due to the delay in the inclusion of Costa Rica and El Salvador.

The president of the Honduras-Mexico Business Chamber, Eduardo Ramos, considers that the semi-processed shrimp (pre-cooked) will offer added value to the exports of Honduran non-traditional products.

Bạn đang đọc bài viết Free trade agreement with Europe comes into force tại chuyên mục Other của Hiệp hội VASEP

TIN MỚI CẬP NHẬT

Vietnam’s mollusk exports maintain upward momentum in early 2025

 |  09:18 09/04/2025

(seafood.vasep.com.vn) Vietnam’s exports of shelled mollusks recorded impressive growth in the first two months of 2025, reaching USD 41 million—an increase of 132% compared to the same period in 2024 (USD 18 million).

Vietnam's giant shrimp is sought after by rich Chinese, sold for 204 million USD in 2 months of 2025

 |  08:56 04/04/2025

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first two months of 2025, Vietnam's shrimp exports recorded positive signs with strong growth in a number of important markets, of which lobster exports to China increased sharply.

Developing the seafood production chain

 |  08:38 03/04/2025

In recent years, the agricultural and environmental sectors and localities in the province have created favorable conditions to develop and effectively maintain seafood chains, increasing income for people in rural areas.

Vietnam’s pangasius exports in February 2025: Key markets regain momentum

 |  08:52 01/04/2025

(seafood.vasep.com.vn) According to Vietnam Customs, the country’s pangasius exports regained growth momentum in February 2025. Export value reached USD 150 million, marking a 66% increase compared to February 2024. Cumulative pangasius export revenue for the first two months of the year totaled USD 284 million, up 11% year-on-year.

Minh Phu Seafood Corp strengthens cooperation for shrimp industry development

 |  09:09 31/03/2025

Minh Phu Seafood Corp, one of the leading enterprises in shrimp processing and export, is actively promoting cooperation with shrimp farmers to develop the shrimp industry in Ca Mau.

Vietnam’s tuna exports to the Middle East: Opportunities to increase value

 |  09:46 26/03/2025

(seafood.vasep.com.vn) In 2024, Vietnam’s tuna exports to the Middle East continued their impressive growth, rising by 28% compared to 2023. The Middle East is now emerging as one of Vietnam’s top four tuna export markets.

Pangasius price surge: Maximizing profit amidst market risks and rising costs

 |  09:05 24/03/2025

(seafood.vasep.com.vn) Recently, the price of Pangasius in the Mekong Delta has increased significantly, making fishermen very excited. However, looking at the overall picture of this industry, the rise in Pangasius prices is not just an opportunity, but also comes with many challenges.

Pangasius frequently appears at restaurants and banquets in Pakistan

 |  08:39 20/03/2025

(seafood.vasep.com.vn) Dishes made from fish, especially pangasius, have become common and are found in nearly all restaurants, hotels, and banquets in Pakistan.

Positive outlook for Vietnam crab exports to China

 |  09:10 18/03/2025

Looking back at the period from 2022 to 2024, crab exports to China have shown significant fluctuations. In 2022, China imported over 62 million USD worth of crabs, averaging 5-9 million USD per month, indicating a stable import demand from China. However, in 2023, exports sharply dropped to 13.3 million USD, averaging only 1-2 million USD per month, due to China's tighter quarantine controls and weakening consumption demand.

Vietnam's Shrimp Exports to the UK are More Favorable After the UK's Accession to the CPTPP

 |  09:00 14/03/2025

In January 2025, Vietnam's shrimp exports to the UK reached over 16 million USD, an 8% increase compared to the same period last year. The UK is the sixth-largest individual market for Vietnam’s shrimp imports, accounting for 5.5% of the total shrimp exports to various markets. Shrimp also holds the largest share (70%) in Vietnam’s total seafood exports to the UK.

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC