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

Dimitar Hadjinikolov and Paskal Zhelev
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Dimitar Hadjinikolov: University of National and World Economy, Sofia, Bulgaria

Authors registered in the RePEc Author Service: Димитър Веселинов Хаджиниколов ()

Economic Alternatives, 2018, issue 4, 467-479

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 analyze 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.

Keywords: preferential trade; EU Trade Policy (search for similar items in EconPapers)
JEL-codes: F13 F14 F15 F17 O52 O53 (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (1)

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