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Vietnam to ratify free trade agreement with EU at upcoming parliament meeting: minister

HANOI (Reuters) – Vietnam’s National Assembly will ratify the Vietnam-EU free trade agreement at its upcoming meeting, Minister of Industry and Trade Tran Tuan Anh said on Wednesday.

Anh said the European Parliament’s move to approve the deal is a “significant milestone” in the relation between the Southeast Asian country and the EU.

“The Ministry of Industry and Trade will submit the deal to the State President before submitting to the National Assembly for approval,” Anh said minutes after the European Parliament approved the deal.

Vietnam’s National Assembly, the country’s lawmaking body, is scheduled to meet in May.

(Reporting by Khanh Vu and Phuong Nguyen)