Luyện Nghe VOA - Vietnam and the European Union End Trade Deal Talks

Vietnam and the European Union End Trade Deal Talks
Vietnamese could buy Italian machinery and Austrians could wear more (1)_______________ from Vietnam.  
That is because Vietnam is moving closer to reaching a trade deal with the (2)_______________.
Negotiations ended December 2. For Vietnam, the agreement would (3)______________ its trade with nations other than China and the U.S. For Europe, it would increase (3)______________ when attention has centered on the huge, U.S.-supported Trans Pacific Partnership (TPP).
EU officials (4)____________ the Vietnam deal. They say it removes 99 (5)_____________. The deal would be the EU’s first with a developing country. It also could serve (6)_____________ for future free trade agreements.
Simon van der Burg is the Dutch (7)_____________ in Ho Chi Minh City. He told the European Chamber of Commerce that the deal, “Sets the reference for others in (8)______________.
The proposed agreement requires (9)______________ to reform state-run companies and strengthen (10)_____________. It also links commerce with development (11)______________.
EU trade (12)___________ Jana Herceg said Vietnam would receive support to increase technology that preserves the environment. Support also would (13)_________ at the energy, healthcare and (14)_____________.
She said, “The money or the funds which we are giving to Vietnam are (15)___________ just the capacity building related to the free trade agreement.”
Economist Dennis McCornac at Loyola University in Maryland (16)_________ if the agreement is good for Vietnam. He says the European agreement is (17)________________ on business compared with the 12-nation TPP trade deal. He (18)______________ the TPP as written by corporate supporters.
But both agreements (19)_____________ to increase the cost of medicine in developing countries. This is because of (20)_____________ for patents that will prevent copying. It will extend (21)_____________ to makers of some medicines.
“It really is the case that it’s going to hurt the poor people, those who (22)_______________ the drugs,” McCornac said.
The European Union has tried to reach a single (23)____________ with the 10-member Association of Southeast Asian Nations. But those efforts (24)_____________.
The EU then changed its (25)__________, and is negotiating deals with (26)__________________. Singapore was the first to reach an agreement, followed by Vietnam. Jana Herceg said if the Vietnam deal is (27)__________, it could set an example and (28)______________ talks with other parties. These could include the Philippines, Malaysia and Thailand.
Herceg (29)_______________ the EU-Vietnam agreement will be published by January.Vietnam (30)__________________ deals with many nations. including South Korea and Israel.
I’m Mario Ritter.
Lien Hoang reported on this story from Ho Chi Minh City. Mario Ritteradapted it for VOA Learning English. Kathleen Struck was the editor.

Words in This Story

diversify –v. to add different kinds of people or things
commerce –n. activities related to buying and selling goods
reference –n a source that can be looked to for information aboutsomething
patents –n. official permission giving a person or company the right to be the only one to make or sell a product

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