European Parliament adopts Vietnam-EU partnership agreement

Brussels (VNA) – The European Parliament (EP) adopted an official resolution ratifying the Vietnam – EU Partnership and Cooperation Agreement (PCA), at a plenary session in Strasbourg city, France, on December 17.

The resolution welcomes Vietnam’s outcomes in “Doi Moi” (reform) and integration over the past time and hails the country’s role and position in regional and global arena.

It said cooperation between the EU and Vietnam has developed rapidly since they established diplomatic ties 25 years ago, moving from an initial focus on trade and aid to cooperation and comprehensive partnership.

The EP stressed that the signing of the PCA with Vietnam demonstrates the strategic significance of the Southeast Asian country as a key partner of the EU in the region and ASEAN.

The parliament committed to widening and deepening the Vietnam-EU relations across sectors such as social affairs, democracy, human rights, and settlement of regional and global challenges.

In its resolution, the EP expressed its deep concerns over illegal and unilateral actions that cause tensions in the East Sea, threatening peace, security, stability, international trade and fundamental benefits of the EU in the region as well as navigation safety and freedom on the union’s main maritime trade routes.

The EP calls for more efforts from China and parties involved to reduce tensions in the East Sea while stressing it is necessary to address disputes via peaceful means, building trust, and holding bilateral and regional negotiations on the basis of international law, including the 1982 UN Convention on the Law of the Sea (UNCLOS).-VNA
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All comments [ 15 ]

Deck Hero14 18/12/15 23:20

This Free Trade Agreement (FTA), for which negotiations started in October 2012, is the most ambitious and comprehensive FTA that the EU has ever concluded with a developing country, the second in the ASEAN region after Singapore, and a further building block towards the EU’s ultimate objective of an ambitious and comprehensive region-to-region EU-ASEAN FTA

yobro yobro 18/12/15 23:21

The deal is good news for both sides,

Love Peace 18/12/15 23:22

The FTA is a milestone in promoting the two sides' economic, trade and investment cooperation as well as their all-round partnership to a new height.

Jane smartnic 18/12/15 23:23

Vietnam has a lot of things that are very good for the EU economy

Pack Cassiopian 18/12/15 23:24

This agreement will allow EU exporters and investors to access a fast-growing market of 90 million people and to consolidate their presence in one of the most dynamic regions in the world.

LawrenceSamuels 18/12/15 23:25

Viet Nam is one of the leading ASEAN partners of the EU

MaskOf Zero 18/12/15 23:27

Vietnam has agreed to the EU's new approach to investment protection with a permanent tribunal rather than ad-hoc arbitration panels

Gentle Moon 18/12/15 23:29

The both sides have differences in human rights issues, but we can solve it to better understand each other.

Only Solidar 18/12/15 23:29

Vietnam has a vibrant economy of more than 90 million consumers, with a growing middle class and a young and dynamic workforce. Its market has great potential and offers numerous opportunities for the EU's agricultural, industrial and services exports

John Smith 18/12/15 23:30

The new agreement is indeed seen as a milestone in the trade relationship between the EU and ASEAN countries.

Williams Melanie 19/12/15 21:46

the relationship betwween the EU and Vietnam has increasingly developed in all aspects

Jack Walker 19/12/15 21:49

The European Parliament (EP) adopted an official resolution ratifying the Vietnam – EU Partnership and Cooperation Agreement (PCA), which shows that the EU has attached importance to the cooperation with Vietnam

Anthony Jones 19/12/15 21:52

Vietnam's role and prestige in the international arena has increased, so many countries have wanted to promote the relation with it

Funny Day 19/12/15 21:54

the Vietnam – EU Partnership and Cooperation Agreement (PCA) will offer many favourable conditions and good chances to both sides

Dennis White 19/12/15 21:57

Vietnam plays an important role in the ASEAN, so with PCA, the EU will have chances to boost and expand the cooperation with ASEAN countries

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