Position of the European Parliament…recommending that the European Parliament only consent to the agreements if Vietnam releases its political prisoners and takes further steps to improve the human rights situation.

Background and state of play

The EU hopes that its free trade agreement (FTA) and investment protection agreement (IPA) with Vietnam will boost trade and investment; the agreements are also an important stepping stone to the EU’s longer-term goal of a region-to-region EU-Southeast Asia trade deal. Vietnam, a fast-growing and competitive economy whose bilateral trade with the EU has quintupled over the past ten years, is equally keen on the deal, which could potentially bring €15 billion a year of additional exports to the EU by 2035. Tiếp tục đọc “EU-VIETNAM FREE TRADE AGREEMENT (EVFTA)” →