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Poland ratifies EU-Vietnam Investment Protection Agreement

Poland's ratification of EVIPA demonstrates that all political parties and forces in Poland want to strengthen cooperation with Vietnam, one of the EU nation's most important partners in Southeast Asia.
  A session of the Polish Parliament (Photo: PAP/VNA)  

 

Polish President Karol Nawrocki on November 27 signed an act ratifying the EU-Vietnam Investment Protection Agreement (EVIPA), officially completing the final step for Poland to become the 20th out of 27 EU member states to do so.

Previously, the bill submitted by the Polish Government on the ratification of EVIPA had been approved with 100% support in the Sejm (lower house) on October 17 and in the Senate on November 6. This demonstrates that all political parties and forces in Poland want to strengthen cooperation with Vietnam, one of the EU nation's most important partners in Southeast Asia.

The development reflects the implementation of high-level agreements reached during Vietnamese Prime Minister Pham Minh Chinh’s official visit to Poland in January, during which the EU member state agreed to complete EVIPA ratification procedures within the year.

The fresh ratification holds significant meaning for the bilateral traditional friendship, especially as the two countries celebrate the 75th anniversary of diplomatic relations (1950-2025). It is expected to elevate ties to a new height and create momentum for further cooperation in many fields, particularly economy, trade, and investment./.

VNA/VNP

Vietnam, Cambodia seek deeper parliamentary cooperation

Vietnam, Cambodia seek deeper parliamentary cooperation

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