CARGO CARRIERS WARN OF DISRUPTION ON ISRAEL OPERATIONS

CARGO CARRIERS WARN OF DISRUPTION ON ISRAEL OPERATIONS

Israel’s Civil Aviation Authority (CAA) has said international flights continue to operate to and from Israel following attacks on the country by Hamas over the weekend. The CAA said that currently “the Israeli airlines are operating as usual”. The organisation added that currently “there are still international flights to and from Israel by many airlines”. However, a number of airlines worldwide have cancelled or delayed flights in response to the situation, and cargo carriers have warned of potential disruption to shipments. FedEx said on its website on October 9: “In light of the events unfolding in Israel, our inbound and outbound flights...

VIETNAM AND ISRAEL SIGNED THE FREE TRADE AGREEMENT (VIFTA)

VIETNAM AND ISRAEL SIGNED THE FREE TRADE AGREEMENT (VIFTA)

On 25th July 2023, Vietnam and Israel signed the Vietnam - Israel Free Trade Agreement (VIFTA). This is the first FTA between a Southeast Asian country and Israel and the 16th FTA between Vietnam and global partners. The signing of the FTA between Vietnam and Israel marks the result of the tireless efforts of two countries after a period of 7 years with 12 negotiation sessions. And It is more meaningful in the context that the two countries are carrying out many essential activities on the occasion of the 30th anniversary of the establishment of diplomatic relations. Deputy Prime Minister Tran Luu...

VIETNAM, ISRAEL CONCLUDE FTA NEGOTIATIONS

VIETNAM, ISRAEL CONCLUDE FTA NEGOTIATIONS

Vietnam and Israel on April 2 announced the conclusion of negotiations for their free trade agreement (FTA), creating a premise for the two countries to sign the deal right this year. The announcement was made at a working session between Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Israeli Minister of Economy and Industry Nir Barkat during the former’s ongoing visit to Israel. With the reciprocal economies and growing two-way trade, the two countries will benefit much from the agreement, whose negotiations lasted seven years with 12 rounds. Vietnamese Minister of Industry and Trade suggested the two sides step up coordination...

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