The U.S. - Vietnam Bilateral Trade Agreement (BTA), which went into effect on December 10, 2001, is the centerpiece of U.S. efforts to open Vietnam’s market and promote reform of its trade and investment regime.
The BTA requires Vietnam to:
- eliminate a broad array of non-tariff barriers to U.S. exports
- significantly cut tariffs on many goods of high interest to the U.S., especially agricultural items
- provide effective protection and enforcement of U.S. intellectual property rights
- open Vietnam’s market to U.S. services providers
- create fair and transparent rules and regulations for U.S. investors
Click here to visit the the Office of the United States Trade Representative (USTR) website for more information on the BTA and download full text of the BTA.
Click here to visit the the US-Vietnam Trade Council website for more information on the BTA.
Assessment of the Five-Year Impact of the U.S.-Vietnam Bilateral Trade Agreement (2002-2006)