Germany supports FTA between EU and Vietnam

Saigon GP Daily | Monday, Oct 10, 2011

Germany supports FTA between EU and Vietnam

German Chancellor Angela Merkel will push for the conclusion of a free-trade agreement between the EU and Vietnam during her visit to the Asian country this week.

The AFP on Oct. 7 quoted a German government source as saying that Germany "is a very strong supporter" of a free-trade deal between Vietnam and the EU, adding that Vietnam has a very dynamic growth rate, which is of great interest to German firms.

The sources also said Germany and Vietnam have long enjoyed close relations and Germany’s interest in Vietnam is much greater than in the other countries in the region.

After her trip to Vietnam, Merkel will travel to Mongolia in a bid to step up ties between Europe’s top economy and the two fast-growing Asian countries. She will be accompanied by business leaders who are eying up opportunities in the two Asian economies.

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source: SGGP