Article 4J7QS EU signs landmark trade deal with Vietnam

EU signs landmark trade deal with Vietnam

by
Reuters in Hanoi
from Economics | The Guardian on (#4J7QS)

Agreement to cut 99% of tariffs is first with developing country in Asia and swiftly follows deal with South American bloc

The European Union has signed a landmark free-trade deal with Vietnam, the first of its kind with a developing country in Asia, paving the way for tariff cuts on almost all goods.

The EU has described the deal as "the most ambitious free trade deal ever concluded with a developing country".

Related: Is free trade always the answer?

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