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Update news EU-Vietnam Investment Protection Agreement EVIPA
Legislators adopted a resolution recognising and permitting the enforcement of rulings issued by dispute settlement agencies under the EU-Vietnam Investment Protection Agreement (EVIPA) with 95.3 percent of votes in favour,
The EVFTA and EVIPA, scheduled to become effective in July, will help improve Vietnam’s business and investment climate and boost its institutional reform, thus contributing to fostering its growth in a long term.
The Chamber of Deputies (Lower House) of the Parliament of the Czech Republic has passed a resolution supporting some international agreements, including the EVIPA, according to public broadcaster Česká Televise.
The recent ratification of EVFTA and EVIPA by the European Parliament (EP) has both strategic and economic importance in the relations between Vietnam and the EU, Permanent Deputy Foreign Minister Bui Thanh Son said.
Vietnam is maintaining an outstanding pace of growth in the context of drastic changes in the global political and economic situation.