The management board of the European Trade Policy and Investment Support Project (EU-MUTRAP) released information on the implementation of the project in the southern region on December 21.
The overall objective of EU-MUTRAP, which will operate until January 31, 2018, with a budget of 16.5 million Euro (around 21.8 million USD), is to improve Vietnam ’s integration into the global, ASEAN and sub-regional trading systems, and to enhance Vietnam-EU trade and investment relations. It will maximise the country’s economic development, including growth and poverty reduction, Claudio Dordi, Chief Consultant for the project, told representatives from departments, branches, organisations, associations and businesses in the south.
The project will support the Ministry of Industry and Trade’s policy-making and consultation, and the negotiation and implementation of related commitments to facilitate sustainable international trade and investment.
According to Le Thu Ha, a project coordinator, 2.5 million USD of the project’s direct funding will help expand the number of beneficiaries, including businesses, research institutes and universities.
Director of the Ho Chi Minh City World Trade Organisation (WTO) Centre Pham Binh An proposed a number of areas that require project assistance, including support to change local economic structures. It is essential to hold in-depth training courses on international economic integration for experts and businesses, he added.-VNA
The overall objective of EU-MUTRAP, which will operate until January 31, 2018, with a budget of 16.5 million Euro (around 21.8 million USD), is to improve Vietnam ’s integration into the global, ASEAN and sub-regional trading systems, and to enhance Vietnam-EU trade and investment relations. It will maximise the country’s economic development, including growth and poverty reduction, Claudio Dordi, Chief Consultant for the project, told representatives from departments, branches, organisations, associations and businesses in the south.
The project will support the Ministry of Industry and Trade’s policy-making and consultation, and the negotiation and implementation of related commitments to facilitate sustainable international trade and investment.
According to Le Thu Ha, a project coordinator, 2.5 million USD of the project’s direct funding will help expand the number of beneficiaries, including businesses, research institutes and universities.
Director of the Ho Chi Minh City World Trade Organisation (WTO) Centre Pham Binh An proposed a number of areas that require project assistance, including support to change local economic structures. It is essential to hold in-depth training courses on international economic integration for experts and businesses, he added.-VNA
