Vietnam, European Union Sign Free Trade Agreement

Vietnam, European Union Sign Free Trade Agreement
EU Commissioner for Trade Cecilia Malmstrom, front (L), and Vietnamese Trade Minister Tran Tuan Anh, front (R), stand together as they exchange documents in Hanoi, on June 30, 2019. AP Photo
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HANOI, Vietnam—Vietnam and the European Union signed a free trade agreement on Sunday, June 30, opening opportunities to further boost trade between the euro bloc and one of Southeast Asia’s biggest manufacturing nations.

The agreement, which was signed by European Commissioner for Trade Cecilia Malmstrom and Vietnamese Trade Minister Tran Tuan Anh in Hanoi, Vietnam’s capital, will eliminate almost all tariffs for goods traded between Vietnam and the EU’s 28 member countries.