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Vietnam targets signing PCA with EU in October

Deputy Prime Minister Pham Gia Khiem has asked the governments team of negotiators that are hammering out a Partnership Cooperation Agreement (PCA) with the European Union (EU) to have a deal ready to be signed in October in Belgium.
Deputy Prime Minister Pham Gia Khiem has asked the governments team ofnegotiators that are hammering out a Partnership Cooperation Agreement(PCA) with the European Union (EU) to have a deal ready to be signed inOctober in Belgium.

At a meeting to review the National Committeeon International Economic Cooperation’s operation in the last sixmonths in Hanoi on June 28, Deputy PM Khiem urged the committee to workcloser with the ministries and agencies involved to come up with astrategy for Vietnam when the country is negotiating free tradeagreements (FTA) till 2020 to submit to the Prime Minister next month.

TheDeputy PM, who is also the committee’s chairman, asked the committee tocomplete a report on the country three years after joining the WorldTrade Organisation (WTO), a study on the Trans-Pacific Partnership (TPP)agreement and a post-WTO technical assistance project.

Vietnam and EU have to date finished seven rounds of PCA negotiations,reaching 27 out of 33 articles, according to the Deputy Minister ofIndustry and Trade Nguyen Cam Tu, who is the committee’s generalsecretary.

The government’s negotiation team will continue tolobby the EU for recognition as a market economy ahead of the Vietnam-EUFTA negotiations, said Tu.

A total of 22 countries around theworld have to date recognised Vietnam as having a market economy,added the Deputy Minister./.
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