Munich Personal RePEc Archive

Expected Impact of EU-Vietnam Free Trade Agreement on Bulgaria’s Exports

Hadjinikolov, Dimitar and Zhelev, Paskal (2018): Expected Impact of EU-Vietnam Free Trade Agreement on Bulgaria’s Exports. Published in: Economic Alternatives No. 4 (December 2018): pp. 467-479.

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Abstract

In December 2015 the European Union reached an agreement on a free trade deal with Vietnam (EVFTA) that will contribute to further market access by eliminating nearly all tariffs on goods traded between the two economies. This paper aims to analyse the impact of EVFTA on Bulgaria’s exports to Vietnam. To this end, we calculate relevant trade indicators and employ a partial equilibrium model by using the Software on Market Analysis and Restrictions on Trade. The results show that EVFTA will provide opportunities for increase of Bulgaria’s exports to Vietnam with the highest positive impact on the products from the food, chemical and textile industries.

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