EU Wants Free Trade Agreement with Vietnam

March 2, 2010 /EIN PRESSWIRE/ On his trip to Southeast Asia, EU Trade Commissioner Karel de Gucht has called for a free trade agreement between Vietnam and the EU, Earth Times reports.

At a press conference in Hanoi, de Gucht offered to “engage as soon as possible in formal negotiations on an FTA,” this despite the ongoing dispute between Vietnam and the EU regarding shoe dumping.

Earth Times reports that the EU is Vietnam’s second-largest export market with $9.3 billion exported to the EU in 2009. De Gucht will continue on to Singapore, where the EU is also opening negotiations on a free trade agreement.

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