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Sunday, October 21, 2018

EU, VN to conclude free trade negotiations

Updated: 11:39’ - 26/09/2014

Vietnam and the European Union would strive to end negotiations for the EU-Vietnam Free Trade Agreement (EVFTA) before October.

The agreement, which is considered as a milestone in the EU-Vietnam relations, was reached between the two sides during talks held on August 25 between Prime Minister Nguyen Tan Dung and visiting President of the European Commission Jose Manuel Barroso.

The two sides discussed measures to enhance cooperation between Vietnam and the EU in various fields, particularly in economics, politics, security, science and technology, and education.

They agreed to increase exchanges of delegations, support each other at regional and international forums, and create favorable conditions for businesses in their markets.

They also agreed to increase cooperation in a wide range of areas, particularly those where the EU is strong, such as education and training, natural resources and environment, agriculture and rural development, transport and construction.

Prime Minister Dung proposed measures to help boost trade and economic relations, such as the EU soon ratifying the partnership and cooperation agreement and considering the development gap between Vietnam and other EU member countries in EVFTA negotiations.-


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