CPATPP may save UK exporters from Canada free trade deal failure
For UK automotive manufacturers, a new trade route to Canada beckons – via the Pacific. Not ...
© Nguoilangbat
By Alex Lennane
Vietnam is planning to boost its automotive industry by removing tariffs on autoparts. The industry is expected to become less competitive regionally as tariffs in the region are terminated following the Asean agreement coming into effect. As a result the government wants to protect both domestic and foreign car makers in the country by applying a zero tariff to car components.
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