Romania backs signing and ratification of EU-VN free trade deal

Foreign Investment Lawyers in Vietnam

HCMC - Romania has said it is throwing its weight behind the early signing and ratification of the EU-Vietnam free trade agreement (EVFTA) and investment protection deal between the two sides.

Speaking at a joint press conference with her Vietnamese counterpart Nguyen Xuan Phuc in Bucharest today, April 15, Romania’s Prime Minister Viorica Dancila that as the rotary Chair of the European Union (EU), Romania supports the signing and ratification of the two agreements at the earliest date possible, reports the Vietnam News Agency

Phuc – who is in Romania for his first visit as Prime Minister of Vietnam and who is the first Vietnamese PM to visit the European country since 1977 – earlier the same day held talks with PM Dancila and witnessed the signing of cooperation memorandums of understanding.

Dancila underlined the long-lasting cooperation between the two countries, especially in the field of education, saying she hopes that Vietnam will become a closer partner of her country in East Asia.

Phuc highlighted the traditional friendly and cooperative relationship between the two nations over the past seven decades. In its foreign policy of independence and self-reliance, Vietnam always attaches importance to its close relations with Romania, he said.

He said the two sides had successful talks and discussed ways to bolster bilateral ties as there remains large room for their relations to expand further.

Vietnam congratulated Romania on its assumption of the rotary chairmanship of the EU for the first six months of this year and believed it will successfully accomplish the term which will help affirm the role and position of Romania in the EU and the international community.

How ANT Lawyers Could Help Your Business?

Please click here to learn more about ANT Lawyers Foreign Investment Practice or contact our lawyers in Vietnam for advice via email ant@antlawyers.vn or call our office at +84 28 730 86 529