EU to sign trade deal with Vietnam

27 June, 2019 12:00 AM printer

BRUSSELS: The European Union will sign a deal to remove virtually all customs duties on trade with Vietnam on Sunday, the EU Commission announced.

The accord was negotiated back in December 2015, but EU member states only gave their approval on Wednesday at a ministerial meeting, reports AFP.

EU trade commissioner Cecilia Malmstrom will travel to Hanoi at the weekend to sign the deal and the EU parliament is expected to ratify it later this year.

“I am very pleased to see that Member States have given a green light to our trade and investment agreements with Vietnam,” Malmstrom said.