EU, VN aim to conclude free trade negotiations ![]() Prime Minister Nguyen Tan Dung and President of the European Commission Jose Manuel Barroso review the guards of honour of Viet Nam People's Army. The agreement, which is considered a milestone in The two discussed measures to enhance co-operation between They agreed to increase exchanges of delegations, support each other at regional and international forums, create favourable conditions for businesses in each other's markets. They also agreed to increase co-operation 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. PM Dung proposed measures to help boost trade and economic relations, such as the EU soon ratifying the PCA and considering the development gap between He thanked the EC and EU member countries in supporting The EC President said he believed The two sides also stressed the need to maintain peace, stability, security and maritime safety in the Later the same day, the EC President Barroso met Party General Secretary Nguyen Phu Trong. Barroso said he appreciated He said the EC attached great importance to developing the friendship and co-operation with Party leader Trong said he hoped the bloc would assist Yesterday, EC President Barroso was received by President Truong Tan Sang who said He proposed Barroso sign the EU-Viet Nam Free Trade Agreement as soon as possible. Trade expansion Yesterday, The two sides welcomed the continued expansion of bilateral trade and the EU's position as The two sides welcomed progress in negotiations towards a Viet Nam-EU Free Trade Agreement and expressed the wish to conclude the negotiations swiftly. They emphasised that a mutually beneficial Free Trade Agreement (FTA) would offer new business opportunities for economic operators, enhance inflow of Foreign Direct Investment and promote growth and employment. Both sides agreed to continue encouraging and facilitating Vietnamese and European businesses to step up investment and establish partnerships, particularly in prioritised areas including industry, infrastructure, transportation, energy, finance, services, health, space applications and tourism. The two sides stressed the importance of ASEAN – EU co-operation to the region and welcomed the achievements of both sides over the course of their relationship. Both sides highly valued the exchanges and co-operation between The two leaders discussed the ongoing tensions in the South China Sea/East Sea and agreed that territorial disputes should be settled peacefully in the spirit of co-operation and respect of international law, including the United Nations Convention on the Law of the Sea 1982 (UNCLOS 1982). VNS |
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Article 5
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