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EU-Vietnam trade deal shows EU will bend human rights standards if the price is right

EU-VIETNAM

The new EU-Vietnam free trade agreement (FTA) shows the EU will look past human rights violations to push a trade agenda.

But as FTAs with ASEAN states don’t offer the EU the same economic benefits, it’s unlikely the bloc will pen more in the near future. Since the EU-Vietnam Free Trade Agreement (EVFTA) was signed in Hanoi in June, states across Southeast Asia are looking to push forward trade deals of their own with the regional bloc.

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But as the European Union (EU) holds its trading partners to human and labour rights standards, other ASEAN nations may have to advance domestic reforms before inking any deals.

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PS NewsDesk

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