Bilateral trade between China and the European Union will maintain steady growth this year as the two sides have expanded a number of free trade programs to boost their economic and trade ties, experts and business leaders said on Friday.

The government has said the domestic economy could be boosted by about 2.7% as a result of the world’s largest free trade deal signed by 15 Asia-Pacific nations last year.

The Prime Minister recently issued Decision No. 339/QD-TTg on approving the strategy of developing Vietnam's fisheries to 2030, with a vision to 2045.

The Government’s Decree No.18/2021/ND-CP dated March 11, 2021 has added a stipulation on the exemption of export and import duties of goods in line with international treaties to which Vietnam is a member.

The Vietnamese Government has issued a Resolution approving the UK-Vietnam Free Trade Agreement (UKVFTA) and will complete procedures this month to officially bring it into force on May 1, Deputy Minister of Industry and Trade Dang Hoang An has said.

Vietnam has become the fifth nation in the world authorised by the European Union (EU) to export insect-based food to the demanding market, according to the Ministry of Industry and Trade’s Agency of Foreign Trade.

Australia will ask the World Trade Organisation to decide if China broke free trade rules over tariffs that wiped out Australia’s barley trade with the Asian nation, after negotiations between officials from both countries broke down.

The application of the self-certification of origin mechanism by enterprises has many advantages and brings many benefits, but there is a concern about the risk of origin fraud.

Senior officials from the United States and China are meeting in person on Thursday for the first time since US President Joe Biden took office. But progress toward solving major economic sources of strain — including disputes over tech and trade — is unlikely.

The fourth round of Free Trade Agreement (FTA) negotiations with Australia took place between Monday 22 February and Friday 5 March.