20 minutes agoMacron signed agreements worth 9 billion euros in Vietnam
Periskopi(a year ago)
(a year ago)France and Vietnam signed agreements Monday on Airbus, defence pacts and others worth over $10 billion, while President Emmanuel Macron visited Hanoi seeking to boost France's influence in its former Colonel amid the dangers of high US tariffs. Macro's first official visit to Vietnam, [...]
Macro's first official visit to Vietnam, the first by a French president in nearly a decade, follows US President Donald Trump's threats Friday to impose 50% tariffs on European Union goods from June 1st, fuelling tensions with the 27-nation bloc, although he later postponed that deadline until July 9th, Reuters writes, broadcasting Periscope.
Export-dependent Vietnam, under Washington's pressure to buy more American goods, has made promises in trade talks to try to avoid tariffs of 46% that could harm its growth, boosting European concerns about agreements at the expense of the region.
Macron said France signed contracts worth 9 billion euros in Vietnam during his visit.
The agreements covered the purchase of 20 Airbus aircraft, co-operation in nuclear energy, defence, railway and sea transport, land surveillance satellites Airbus and Sanofi (SASY.PA) vaccines.
