The European Union is expected to open its markets to Vietnam on Wednesday, while closing its trade doors with Cambodia, rewarding the former for progress on labor guarantees and sanctioning the latter for human rights abuses. Reuters reports.
The moves mark Europe’s increased insistence that trading partnerships go beyond liberalization and be coupled with commitments to environmental, labor and social standards. On Wednesday, it will display both its carrot and stick.
In Strasbourg, EU lawmakers will vote on a free-trade agreement struck with Vietnam, the EU’s most comprehensive such pact with a developing country and its second with a member of the Association of Southeast Asian nations (ASEAN).
Initial backing from the international trade committee of the European Parliament last month suggested the parliament as a whole would back it.
Critics have taken issue with Vietnam’s record on human and labor rights. Human Rights Watch urged lawmakers to delay approval until Vietnam fulfilled a pledge to allow freedom of assembly for workers and reformed a penal code that it says puts government critics in jail.
The moves mark Europe’s increased insistence that trading partnerships go beyond liberalization and be coupled with commitments to environmental, labor and social standards. On Wednesday, it will display both its carrot and stick.
In Strasbourg, EU lawmakers will vote on a free-trade agreement struck with Vietnam, the EU’s most comprehensive such pact with a developing country and its second with a member of the Association of Southeast Asian nations (ASEAN).
Initial backing from the international trade committee of the European Parliament last month suggested the parliament as a whole would back it.
Critics have taken issue with Vietnam’s record on human and labor rights. Human Rights Watch urged lawmakers to delay approval until Vietnam fulfilled a pledge to allow freedom of assembly for workers and reformed a penal code that it says puts government critics in jail.
Reporting by Philip Blenkinsop, additional reporting by Jakub Riha; editing by Larry King.