International relationsEU struggles to strike trade pacts with major ASEAN countries
Sticking points could hinder other deals, as Vietnam gains from recent agreement
A port in Singapore. The European Union’s trade pacts with Singapore and Vietnam could hurt other ASEAN members if the EU increases its investment in those two countries at the expense of the others. (Photo by Kosaku Mimura)
DAVID HUTT, Contributing writer
PARIS -- After the European Union secured free trade agreements this year with Singapore and Vietnam, there is even greater incentive for other large Southeast Asian economies to speed up the pace of clinching their own trade pacts, but negotiations with the EU are certain to prove difficult.