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Federal Chamber
56K1700 International agreement
Under consideration
Belgium approves investment protection agreement between the EU and Vietnam
Official title: Wetsontwerp houdende instemming met de Investeringsbeschermingsovereenkomst tussen de Europese Unie en haar lidstaten, enerzijds, en de Socialistische Republiek Vietnam, anderzijds, gedaan te Hanoi op 30 juni 2019.
Status: Parliament is still discussing this proposal, for example in a committee or while waiting for advice. (parliament: ‘Pending in the Chamber’)
In plain language
- This bill ratifies an agreement between the European Union and Vietnam that sets updated rules to protect bilateral investments.
- It mainly affects European and Vietnamese companies investing abroad, as well as governments regulating public health and environmental policies.
- You will notice little change in daily life, though it establishes clearer standards and an independent system to resolve investment disputes.
Automatically summarised (gemini-3.8-flash). AI can make mistakes: if in doubt, read the official text.
How parliament voted
Parliament has not voted on this proposal yet.