EU hopes FTA with Vietnam to be implemented as scheduled

EU Ambassador to Vietnam Bruno Angelet said he hopes the EU-Vietnam Free Trade Agreement (EUVFTA) will be implemented in early 2018 as committed by the two sides.
EU hopes FTA with Vietnam to be implemented as scheduled ảnh 1EU Ambassador to Vietnam Bruno Angelet (Photo: laodong.com.vn)

Hanoi (VNA) – EU Ambassador to Vietnam Bruno Angelet said he hopes the EU-Vietnam Free Trade Agreement (EUVFTA) will be implemented in early 2018 as committed by the two sides, despite the British’s vote to leave the EU.

Speaking to the press in Hanoi on June 28, the Ambassador said he regretted the outcome of the recent Britain’s referendum on leaving the EU.

This could affect Vietnam, he said, adding that it is however still early to consider the level of influence.

As Vietnam and the EU have concluded negotiations on the bilateral free trade agreement, and are reviewing legal documents and translating the contents of the pact, the EU and Vietnam’s Ministry of Industry and Trade will push ahead with technical cooperation in the coming time to complete the aforesaid tasks, he noted.

The diplomat said he hopes the signing of the bilateral FTA will take place next year so that it could be implemented in early 2018 as scheduled.

The EU is ranking third among countries and territories investing in Vietnam, while Vietnam is leading ASEAN in exporting to the EU, he said, pledging that he will do his utmost to call for more investment in the Southeast Asian country.-VNA

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