The EU's Council of Ministers approved the EU-Vietnam "trade and investment agreements" on June 25, paving the way for their signature and conclusion.
EU commissioner for trade Cecilia Malmstrom and Romanian minister for business, trade, and entrepreneurship Stefan-Radu Oprea will sign the agreement on the EU’s behalf in Hanoi on June 30, the EU said. "The agreements are set to bring unprecedented benefits for European and Vietnamese companies, consumers and workers, while promoting respect for labor rights, environmental protection and the fight against climate change under the Paris Agreement."
Most importantly for the seafood sector, trade in non-processed shrimp will be liberalized once the agreements come into force. Pangasius trade will also be liberalized in three years, according to the EU's guide to the deals [...]
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