Medical and Hospital News  
TRADE WARS
European Parliament ratifies EU-Vietnam trade pact
by Staff Writers
Strasbourg, France (AFP) Feb 12, 2020

The European Parliament on Wednesday ratified an EU free trade accord with Vietnam despite some lawmakers objecting because of the Asian country's human rights record.

The legislature, sitting in the eastern French city of Strasbourg, gave its assent to the pact with a vote of 401 in favour, 192 against and 40 abstentions.

The accord will take effect this year after final approval by the European Council representing EU member states and ratification by Vietnam.

The European Commission, which negotiated the deal, welcomed the vote.

Signed in June last year, it stipulates a phasing out of tariff barriers over a decade for Vietnam and over seven years for the EU.

EU Trade Commissioner Phil Hogan in a statement hailed the "huge economic potential" of the deal.

He also said moves by Vietnam to improve labour rights in order to secure the accord "proves that trade policy can be a force for good".

But the Greens grouping in the European Parliament issued a statement expressing scepticism over the "real impact" of the labour reform and saying freedom of expression remained under threat in Vietnam.

It also expressed concerns about deforestation, overfishing and animal trafficking in Vietnam.

Vietnam is the EU's second-biggest trading partner in southeast Asia, with annual exchanges amounting to nearly 48 billion euros ($52 billion).

The EU largely imports from Vietnam telecoms equipment, apparel and food products, and exports machinery, transport equipment and chemical and agricultural products.


Related Links
Global Trade News


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


TRADE WARS
Virus won't prevent China from living up to trade deal: Mnuchin
Washington (AFP) Feb 6, 2020
The coronavirus outbreak in China will dent the economy but will not keep the country from buying US goods as part of the "phase one" trade deal signed last month, Treasury Secretary Steven Mnuchin said Thursday. Economists fear the virus, which has prompted businesses to close their doors and has shut down air transport which is key to the US supply chain for parts and inputs, could take a chunk out of US and global growth in the first quarter of the year. Under the deal signed by President Don ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
Digital lifeline for refugees in Bulgaria -- and beyond

Albania quake exposes scourge of sketchy construction

Hungarian police close Serbia border point as migrants gather

Enhancing stability operations in under-governed regions

TRADE WARS
Space Force decommissions 26-year-old GPS satellite to make way for GPS 3 constellation

Using artificial intelligence to enrich digital maps

Galileo now replying to SOS messages worldwide

China's international journal Satellite Navigation launched

TRADE WARS
Mud wasp nests used to date ancient Australian rock art

Is human cooperativity an outcome of competition between cultural groups?

New study identifies Neanderthal ancestry in African populations and describes its origin

Driven by Earth's orbit, climate changes in Africa may have aided human migration

TRADE WARS
Four rare mountain gorillas 'killed by lightning' in Uganda

Botswana to start auctions of elephant hunting licences

Man guilty of slipping eels into Asian black market

Researchers resurrect mutated genes of one of the last wooly mammoths

TRADE WARS
Hong Kong turns holiday camps into quarantine zones as virus fears spike

SARS lessons hang over China's fight against new virus

China locks down city at centre of virus outbreak

China virus city in transport shutdown as WHO delays decision

TRADE WARS
Death of whistleblower ignites calls for political reform in China

Coronavirus puts Shanghai into a coma

China protests US bill threatening Tibet sanctions

Protest violence won't work, leading Hong Kong activist says

TRADE WARS
Four Chinese sailors kidnapped in Gabon are free

Bolsonaro pardons Brazil security forces convicted of unintentional crimes

TRADE WARS








The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.