EU—Vietnam Framework Agreement on Comprehensive Partnership and Cooperation

SUMMARY OF:

Framework Agreement on Comprehensive Partnership and Cooperation between the European Union (EU) and its Member States, of the one part, and Vietnam, of the other

Decision (EU) 2016/2117 on the conclusion, on behalf of the EU, of the framework agreement with Vietnam

Decision 2012/279/EU on the signing, on behalf of the EU, of the framework agreement with Vietnam

WHAT IS THE AIM OF THE AGREEMENT AND THE DECISIONS?

Decision 2012/279/EU concerns the signing of the framework agreement on behalf of the European Union (EU).

Decision (EU) 2016/2117 concludes the agreement on behalf of the EU.

The aims of the framework agreement include:

establishing cooperation bilaterally and in all relevant regional and international fora and organisations;
developing trade and investment between the parties;
establishing cooperation in all trade and investment-related areas of mutual interest, in a consistent and complementary manner with respect to ongoing and future regional EU–Association of Southeast Asian Nations initiatives;
establishing cooperation in the area of justice and security;
enhancing existing and encouraging new participation of both parties within subregional and regional cooperation programmes open to the participation of the other party;
raising the roles and profiles of the parties in each other’s regions.

KEY POINTS

The agreement is divided into titles covering different areas of cooperation.

Development cooperation, with emphasis on the millennium development goals and in the form of:
- development and technical assistance in mutually agreed programmes and projects;
- capacity building, such as through training courses, workshops and seminars, and joint research;
- financing;
- exchange of best practice on aid effectiveness.
Peace and security, with particular emphasis on combating:
- the proliferation and delivery of weapons of mass destruction;
- the illicit trade in small and light weapons;
- terrorism.
Trade and investment issues including:
- trade development and technical barriers to trade;
- protection of intellectual property rights;
- competition policy.
Justice, focusing on several issues including:
- combating organised crime;
- combating money laundering and terrorism financing;
- illicit drugs.
Socioeconomic development, with cooperation on issues such as:
- migration;
- human rights;
- health;
- the environment, climate change and natural resources.

A joint committee, with representatives of both parties, oversees the implementation of the agreement and the fulfilment of its objectives.

DATE OF ENTRY INTO FORCE

The agreement entered into force on 1 October 2016.

BACKGROUND

For further information, see:

The EU and Vietnam (European External Action Service)
Delegation of the European Union to Vietnam (European External Action Service).

MAIN DOCUMENTS

Framework Agreement on Comprehensive Partnership and Cooperation between the European Union and its Member States, of the one part, and the Socialist Republic of Viet Nam, of the other part (OJ L 329, 3.12.2016, pp. 8–42).

Successive amendments to the Framework Agreement have been incorporated into the original text. This consolidated version is of documentary value only.

Council Decision (EU) 2016/2117 of 29 September 2016 on the conclusion, on behalf of the Union, of the Framework Agreement on Comprehensive Partnership and Cooperation between the European Union and its Member States, of the one part, and the Socialist Republic of Vietnam, of the other part (OJ L 329, 3.12.2016, pp. 6–7).

Council Decision 2012/279/EU of 14 May 2012 on the signing, on behalf of the Union, of the Framework Agreement on Comprehensive Partnership and Cooperation between the European Union and its Member States, of the one part, and the Socialist Republic of Vietnam, of the other part (OJ L 137, 26.5.2012, pp. 1–2).