The EP stressed that the signing of the PCA with Vietnam demonstrates the strategic significance of the Southeast Asian country as a key partner of the EU in the region and ASEAN. Also yesterday, the Vietnam - EU Partnership and Co-operation Agreement sailed through France’s Senate in Paris with 100 percent of the vote.
The deal allows Vietnam to access the EU market more easily on the basis of the mutual, long-term, and stable partnership and comprehensive co-operation. Signed on June 27th, 2012, the pact will come into effect after it is ratified by all EU members.