Ec

Law-abiding local fishermen should receive greater economic benefits than those practicing illegal fishing, in this way, the root cause would be addressed.

For the past four years, the Vietnamese Government‘s strong efforts in dealing with the issue have been recognized by the European Commission.

Combating IUU fishing is essential for Vietnam to remove EC’s yellow card, while promoting a responsible fishing sector and further accelerating the country’s global integration efforts.

Following the ratification, the EVFTA would enter into force 30 days after the mutual notification between Vietnam and the EU about the completion of respective legal procedures.

The agreement, concluded after six years of negotiations, has been dubbed “the most ambitious” FTA the EU has ever reached with a developing country.

Both the EU and Vietnam have huge potential for cooperation in various fields, including politics, security, economy, culture, and peace-keeping activities.

Vietnam’s political system has showed strong determination and commitment in IUU fishing combat, said an inspector of the European Commission (EC).