Free Trade Agreements (FTAs) facilitate access to international markets by lowering trade barriers and providing cost-saving advantages at the same time. Despite Asia's importance for European foreign trade, agreements with Asian countries are not progressing quickly. For example, agreements with Singapore concluded in 2014, South Korea in 2015, and Japan on February 1, 2019. This year, signatures on an agreement with Vietnam should allow it to move ahead.
source https://blog.amberroad.com/blog/a-new-momentum-for-free-trade-with-asia
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