Vietnam, EU discuss boosting trade

Vietnam and the European Union agreed to build their Partnership and Cooperation Agreement (PCA) into a comprehensive package that includes dialogue and cooperation in politics, economics, culture and development.

The two sides agreed in their first round of talks on the PCA, which ended in Brussels last week, that they would build their PCA an inheritance of the framework agreement that Vietnam and the European Commission signed in 1995.

The negotiators agreed on the scale and structure of their future PCA and that they would hold the second round of talks in Vietnam this autumn.

During the talks, Vietnamese negotiators said they were disappointed with the European Council’s recent decision to exclude Vietnamese leather shoe exports to the EU from the list of products enjoying the Generalised System of Preferences beginning in 2009.

VNN

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