Merkel eyes trade deals in Vietnam, Mongolia

Published
0

BERLIN, Oct 10: Fresh from a crisis meeting with France on the euro, German Chancellor Angela Merkel was due to embark on Monday on a visit to Vietnam and Mongolia hoping to push deals on trade and precious raw materials.

Ahead of the four-day visit, Merkel, who will be accompanied by top business leaders eyeing up investment opportunities, stressed the need to boost ties between the two fast-growing Asian nations and Europe's top economy.

A senior government source in Berlin said Merkel would push for the conclusion of a free-trade accord between the EU and Vietnam. Germany “is a very strong supporter” of such a deal, the source said.

Nevertheless, Merkel insisted she would not shy away from tackling what Berlin sees as a “deficit” in Vietnam's human rights record.

Economic cooperation “is of course tied to complying with human rights. And I will of course raise such questions when I am there,” Merkel said.

The European Union has frequently chided Vietnam for its record of upholding freedom of expression and in August called for the release of a French-Vietnamese blogger, who is an EU citizen.

Merkel noted that Germany and Vietnam have long enjoyed close relations, stemming from the days before the fall of the Berlin Wall, when young Vietnamese came to study or work in the former communist east.

After Vietnam, Merkel heads to Mongolia for the first visit by a German leader since the two countries established diplomatic relations, with media speculating that deals worth $2 billion could be inked.

“Mongolia is a country very rich in raw materials and we have a very, very good chance to improve our cooperation in this field,” Merkel said.—AFP

Opinion

Editorial

Reviewing ties
Updated 06 Nov, 2026

Reviewing ties

With the Democrats clawing back power in Congress, changes in America’s approach to global engagement are likely to occur.
Genuine engagement
06 Nov, 2026

Genuine engagement

THE PTI-led opposition alliance TTAP appears to have finally brought an initially reluctant Maulana Fazlur Rahman on...
Human bondage
Updated 06 Nov, 2026

Human bondage

Law enforcement and political quarters are notorious for protecting the perpetrators, instead of ensuring legal implementation. Systemic coercion will keep Pakistan from becoming a humane state.
Blue wave
Updated 05 Nov, 2026

Blue wave

While Trump does not usually learn from his errors, perhaps seeing the response of the American voters he may attempt a wiser course.
New LPG policy
Updated 05 Nov, 2026

New LPG policy

If the policy is enforced effectively, it could potentially help end shortages and slash prices. But the question remains whether it will.
Polio’s other victims
05 Nov, 2026

Polio’s other victims

FOR decades, Pakistan has vowed to eradicate polio. Billions have been spent on logistics and awareness drives. Yet...