Brussels has approved a trade agreement with Vietnam in the latest sign of how the EU is trying to strike deals to fight a growing climate of protectionism.
Cecilia Malmstrom, the EU’s trade commissioner, said Europe was determined to deepen commercial ties with Asia, saying the deal and a similar agreement with Singapore would move the bloc closer to a broader regional trade pact with south-east Asia.
The deal with Vietnam was the “most ambitious agreement we have ever made with a developing country”, Ms Malmstrom said.
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