Milestone for the EVFTA

Approval of the EVFTA Agreement by the Committee of the European Parliament

On Tuesday 21 January 2020, the European Parliament’s Committee on International Trade (INTA) approved in Brussels the resolution calling for the ratification by the European Parliament of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA).

The INTA Committee supported the EVFTA agreement by 29 votes to 6, paving the way for a vote in the European Parliament at its February session in Strasbourg, which will be the last step before ratification in Vietnam’s National Assembly. The EU-Vietnam agreement is the European Union’s second agreement with an ASEAN member, after Singapore.

Source : Reuters & HanoiTimes & CourrierDuVietnam & CCIFV