The European Union is expected to open its markets to Vietnam on Wednesday, whil...
STRASBOURG/BRUSSELS - The European Union is expected to open its markets to Vietnam on Wednesday, while closing its trade doors with Cambodia, rewarding the former for progress on labor guarantees and sanctioning the latter for human rights abuses.
In Strasbourg, EU lawmakers will vote on a free-trade agreement struck with Vietnam, the EU’s most comprehensive such pact with a developing country and its second with a member of the Association of Southeast Asian nations . EU trade commissioner Phil Hogan told lawmakers in a debate on Tuesday that Vietnam’s human rights situation was “certainly an area of concern”, but said that forums such as an annual human rights dialogue were the way to address shortcomings.
By contrast, the European Commission is set to withdraw trade preferences from Cambodia under its “Everything But Arms” scheme for the world’s poorest 48 countries. The EU executive said in a report on Tuesday that Cambodian Prime Minister Hun Sen’s government had cracked down on opposition, civil society groups and the media over the past three years.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Zuckerberg to meet EU antitrust, industry chiefs Feb. 17: EU officials - Business InsiderFacebook CEO Mark Zuckerberg is meeting with European regulators on next week, days before commissioners present proposals to rein in US tech giants.
Read more »
EU chief rejects Johnson's idea of loose UK trade dealThe European Union's top official is dismissing British Prime Minister Boris Johnson's idea of brokering a loose trade deal with the EU.
Read more »
Coronavirus outbreak seen so far having 'marginal' impact on EU economy: sourcesThe coronavirus outbreak is expected at this stage to have only a 'marginal...
Read more »
Britain seeks EU financial market access lasting decadesBritain wants a durable relationship with the European Union for 'decades t...
Read more »
Swiss government warns against cancelling EU free-movement pactThe Swiss government on Tuesday urged voters to reject a referendum push by the ...
Read more »
UK plans to introduce border controls on EU goods after post-Brexit transitionBritain plans to introduce import controls on European Union goods at the border...
Read more »