CELCAA, the European Umbrella organisation representing the trade in agri-food and commodities, welcomes today Council’s decision to sign the EU-Vietnam Free Trade Agreement next 30th June. The agreement, concluded by negotiators in December 2015, confirms the EU as a world leader when it comes to supporting free and fair trade and collaboration in the area of sustainability with its trading partners. In times of rising protectionism and nationalism, the EVFTA is a positive signal towards partnership between the EU and the rest of the world.
The EU- Vietnam Free Trade Agreement will support exports of EU agri-food products to a market of 94,5 million people, with an increasing growing middle class. The agreement will help EU exporters to compete for market-share in Vietnam, as major food and agri-trade competitors from other parts of the world already benefit from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).