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EU-Vietnam FTA

EU-Vietnam FTA approved by EP

13 February 2020

On 11 February the European Parliament approved the EU-Vietnam trade and investment agreements by large majorities which will allow the FTA to enter into force later this year. Following the FTA with Singapore, the deal with Vietnam will eliminate virtually all tariffs on goods and provides guarantees on sustainable development, labour rights, environmental protection and the Paris climate accords.

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EU-Asia relations set to deepen despite Brexit

EU-Asia relations set to deepen despite Brexit

4 February 2020

Britain’s departure from the EU is undoubtedly a blow to the bloc’s foreign and security policy ambitions. Ursula von der Leyen, the new president of the European Commission, has called for Europe to play a more “geopolitical role” but this will be more difficult with the loss of a nuclear power and one of the two permanent seats on the United Nations Security Council. It could potentially lead to competition between the 440 million EU and the 60 million UK in terms of seeking Asia’s attention. But Brexit will not derail the EU’s plans to deepen ties with Asia this year. An array of summits is planned with Asian partners as both sides seek to preserve a rules-based international system under threat from U.S. President Donald Trump.

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