BRUSSELS: EU lawmakers gave initial backing on Tuesday for a free trade agreement struck with Vietnam, the bloc’s most comprehensive such pact with a developing country and a sign that Europe has an appetite for a more expansive trade policy.
Critics have taken issue with Vietnam’s record on human and labour rights, although the deal does include commitments in those areas. “This deal really is a win-win situation. In absolute terms Vietnamese exports of goods and services to the EU will increase by €15 billion while EU exports to Vietnam augment by €8.3 billion by 2035,” he said in a statement.
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