Vietnam and EU sign ‘milestone’ free trade agreement

Vietnam and EU sign ‘milestone’ free trade agreement

The European Union and Vietnam on Sunday (30 June) signed a long-awaited free trade deal that will slash duties on almost all goods, an agreement that pushes back against a rising tide of global protectionism and hailed as a “milestone” by Brussels. The signing comes amid worldwide trade turmoil, with a dragging US-China row and Britain’s impending exit from the European Union casting a dark cloud over global growth. It follows years of tough negotiations marred by Vietnam’s tarnished human rights record. EU trade commissioner Cecilia Malmström called the deal…

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Trade pact with S. American lands threatens EU farmers, says Farmers’ Union

Trade pact with S. American lands threatens EU farmers, says Farmers’ Union

A trade agreement reached between the European Commission and the countries of the Mercosur area – Argentina, Brazil, Paraguay and Uruguay – represents a threat to European farmers and the EU’s agricultural model, according to an analysis by Boerenbond, the Belgian farmers’ union. The agreement, the paper says, opens up the South American market for European goods and services, in return for greater access for their agricultural products. The Mercosur countries have slashed tariffs on cars and machinery, in return for exporting more beef, chicken and sugar to the EU…

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