Pursuits
EU, Vietnam Reach Free-Trade Deal That May Take Effect End-2017
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The European Union and Vietnam concluded negotiations on a free-trade agreement that will scrap tariffs on more than 28 billion euros ($31 billion) of annual commerce.
Vietnam will eliminate more than 99 percent of its import duties over 10 years and the EU will do the same over seven years under the deal, said Cecilia Malmstroem, the 28-nation bloc’s trade chief.