The European Parliament's Committee on International Trade (INTA) today gave its consent to the Free Trade and Investment Protection Agreement with Vietnam in its first meeting of the new year.
The VDMA used a meeting on 13 January 2020 with the cabinet of Commissioner Schmit (Employment and Social Rights) in Brussels to explain the enormous bureaucratic effort involved in the posting of workers within the EU
The joint letter signed by several associations explains the bureaucratic hurdles, for example, through different reporting obligations in the various EU states.
The association urges progress regarding topics such as WTO reform, bilateral trade agreements and dealing with China and the USA.
Dialogue is better than isolation: In Brussels, the VDMA promotes international cooperation in trade and climate policy.
Posting workers to other EU countries is currently associated with disproportionate bureaucracy. In a recent report, the Commission ignores the problem.
The free trade agreement between the EU and Vietnam includes the almost complete abolition of all customs duties.
The EU is currently negotiating greater control over investment from China. At an event in Brussels, representatives of the mechanical engineering sector argued in favour of market opening in China rather than investment barriers in Europe.
A Patchwork in Europe causes high bureaucratic expenditure within companies.
Niels Karssen
Niels Karssen
Trade and Legal
+32 2 7068207
+32 2 7068210