Prague (VNA), Feb. 15 -- The European Parliament (EP)'s ratification of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement on February 12 has been applauded in the Czech Republic.

Czech member of the EP and EP Vice President Dita Charanzova welcomed the ratification, saying the European Commission successfully negotiated a high-quality agreement.

She held that the EVFTA will create conditions for opening a new market for Czech companies, and a trade agreement with a country like Vietnam is important to an export-oriented economy like the Czech Republic.

She noted Vietnam is a traditional trade partner of her country, and the deal provides considerable advantages for Czech firms in trade compe...