The ratification of the EU – Vietam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA) would bring substantial benefits to all concerned parties, while improving the current modest trade turnover between Vietnam and Slovenia.

Germany fully supports the Vietnam – EU relations, as well as the ratification of the EU – Vietnam Free Trade Agreement (EVFTA) and the EU – Vietnam Investment Protection Agreement (EVIPA).

With the consent of the trade committee, the European Parliament is set to vote on the trade deal and the investment protection agreement at its February session in Strasbourg.

The agreement, concluded after six years of negotiations, has been dubbed “the most ambitious” FTA the EU has ever reached with a developing country.

The president of the European Parliament (EP) and other EP members have expressed support for the ratification of the EU – Vietnam Free Trade Agreement (EVFTA).