The Eurasian Economic Commission (EEC) has introduced safeguard measures on certain textile and garment products imported from Vietnam into the Eurasian Economic Union (EAEU). This decision targets specific Vietnamese women’s and girls’ clothing items, including long dresses, skirts, and other related apparel, due to a significant rise in import volumes that exceeded the agreed threshold for 2024 under the Vietnam-EAEU Free Trade Agreement.
These safeguard measures aim to protect domestic industries within the EAEU member countries from sudden surges in imports that could disrupt local markets. The measures will be effective for six months, starting thirty days after the official publication of the decision.
This period is intended to give local producers time to adjust to the changing import levels and reduce the potential negative impact on their businesses.
In response, Vietnam’s Ministry of Industry and Trade has advised textile and garment manufacturers to carefully monitor the situation and adapt their production plans accordingly. Businesses are encouraged to seek alternative markets or diversify their export portfolios to mitigate the effects of these new trade restrictions. The ministry is also working closely with industry associations to provide guidance and support during this transition.
This move highlights the growing importance of trade regulations within the EAEU to ensure balanced economic development and fair competition. While it poses challenges for Vietnamese exporters, it also encourages them to improve product quality, innovate, and explore new international markets. The safeguard measures reflect the broader global trend of trade adjustments as countries seek to protect their industries while maintaining international cooperation.
