Vietnam, EU reiterate commitment to trade, investment deals
The Vietnamese Government and the European Commission (EC) have pledged to carry out the Europe-Vietnam Free Trade Agreement (EVFTA) and the Investment Protection Agreement (IPA) in a timely and effective manner.
Minister of Industry and Trade Tran Tuan Anh meets with European Commissioner for Trade Cecilia Malmström. Photo: baochinhphu.vn
The commitment is expressed in a joint statement issued by Vietnam’s Minister of Industry and Trade Tran Tuan Anh and European Commissioner for Trade Cecilia Malmström following their meeting on October 19 in Brussels on the sidelines of the 12th Asia-Europe Meeting Summit (ASEM 12).
The statement said the Vietnamese Government is preparing plans to fulfill obligations under the free trade agreements while the EC stands ready to support the necessary reforms and adjustments through technical assistance.
Both sides acknowledged the relevance of the trade and sustainable development chapter of the FTA and agreed to jointly promote initiatives in this field, including the ratification of the outstanding fundamental ILO conventions.
At their meeting, both sides spoke highly of the efforts and advancement made after completing the legal review process for the two free trade pacts last summer. The Vietnamese minister lauded the European Commission for its approval and submission of the deals to the European Council for approval on October 17./.
( VNF/VNA )
Recommended

Vietnam News Today (May 31): Vietnam Strongly Supports Laos’s National Development

Vietnam News Today (May 30): Vietnam, Venezuela Reinforce Ties Through People-to-people Diplomacy

Vietnam News Today (May 29): Vietnam and Hungary to Expand Cooperation into New Areas

Vietnam News Today (May 28): Vietnam and China Discuss Strategic Cooperation Orientations
Popular article

Vietnam News Today (May 27): Vietnam Treasures Multifaceted Collaboration with France

Vietnam Commits to Building an Inclusive, Sustainable and Cohesive ASEAN

Vietnam Proposes Vision for Responsible Digital Journalism Cooperation
