there's a growing gender pay gap in the us for. business to business asia as welcome vietnam is already the e.u.'s 2nd most important trading partner result these days are right after singapore now the block has finally signed a comprehensive trade agreement with the socialist government in hanoi it follows years of negotiations marked by the nation's human rights record signed and sealed a new era in trade relations for the e.u. and vietnam the southeast asian country is already the e.u. is most important trading partner in the region after singapore the exchange of goods has now been made easier. this free trade agreement eliminate nearly all tariffs on goods over 99 percent with a one percent capacity liberalized to protest it is reducing costs red tape for business and this is particularly important for small business vietnam is still

a lower middle income country but its economy is growing at 7 percent it has a well developed textile electric industries and 2018 vietnam delivered close to $38000000000.00 euros worth of goods and services to the e.u. and that non's 95000000 strong population represents major market opportunities for the block the newly agreed trade deal also protects intellectual property and requires adherence to the standards laid out by the international labor organization those are encouraging signs for investors. but not everyone is happy that means activists have called on the e.u. to demand political reform from the vietnamese government especially its poor record on human rights and its curbs on free speech have come under scrutiny. i'm not joined by claimants coba he is with the german charges of commerce and joins us now from brussels famous how important is this deal is vietnam more to europe than a lucrative market on the factory floor with cheap labor good afternoon. yes for

the german economy this deal is very important it is important to improve the trade ties with asia with this booming region and after the agreements with japan and with singapore this is now opening markets german companies can profit from this elimination of trade barriers and they have invested already more than 1000000000 in the country not only in classical feels like textiles but also in new ones if you look at scooters or smartphones. so this is this deal is now helping business to make use of this and of course it's also a very clear signal in times of growing protectionism from which our companies are suffering around the globe nearly day by day it's a clear signal that rules space trade is the way to go and it's also a signal of course to a trading partner as if you know gets the trade tensions between china and the u.s.

1000000000 of investment in vietnam that sounds oppressive but what else does a good number really gain from this agreement. well german companies have invested war than 1000000000 they have created more than 25000 jobs on the ground and the legal guarantees in this agreement. will lead to further investment we have trade relations with germany vietnam of 30000000000 they have increased 4 fold in the last 10 years and we increase we increase our projections to 20000000000 in the next 2 to 3 years also thanks to this agreement and i mean vietnam will get access to a market of 500000000 people a g.d.p. economy of 80 times the one of and finally the agreement or soon to development of the country so the access to the e.u.

will be faster than the other way around. over thank you very much thank you both like opec will continue cutting oil supply as the organizations officials meet in vienna today trying to prop up the price of crude as the global economy weakens iran's representative told reporters that joining top producers saudi arabia iraq and russia in indorsing the opec plan. if you're looking for an insight into the state of the global economy and the stations of geo political relationships the oil industry is a good barometer. prior to the opec gathering in vienna oil production cuts had been the focus of discussion on the sidelines of the g 20 summit in the japanese 50 of osaka. the most notable news that came out of those talks a commitment by opec heavyweights saudi arabia and nonmember russia to extend current production limits for another 9 months among the countries supporting that

move all of which nigeria used nigeria's strong says this commendable. and supports these. we believe that an extension of 9 months. to 6 months as a. certainty to the markets. but if it seems like it's all consensus in vienna think again. opec member and major producer iran is expected to back that plan to prolong the duction cuts it will likely do so with its fist clenched than. opec member and major producer iran is expected to back that plan to prolong production cuts it will likely do so with its fists clenched. the country's oil output has plummeted following the reintroduction of u.s. sanctions and claims from washington and that it was responsible for last month's

attacks on tankers off the emirates the coast are only adding fuel to the fire. talk about fuel to the fire the women's world cup in france has captured the attention of us around the globe but the following numbers will also get people talking and there already are the so-called gender pay gap in football that female football. less than their male colleagues on a lot list have a look compare the average annual salary in the world's richest football competition the premier league in england and you'll see a male players close to 3000000 euros on average last season players in the women's super league average to just 30000 euros and the following number really brings it home the brazilian star name makes more than 36000000 a year if you average out the earnings over the world's top 7 women's leagues you could pay $1700.00 female players with that amount now let's

talk about this a bit more with me in the studio is done there barcelona from our sports desk and also in the previous life a professional football player self playful in norway spain and it's no play in germany albeit not professionally anymore welcome donna we've heard a lot about this huge pay gap in football but isn't that down to economics and she had numbers tickets sold viewing figures merchandise you would think that but then again i'd say why women say but the u.s. women's national team earns more from games than their men their male counterparts and nike just released a statement today saying that the u.s. women's home jersey is now the most sold soccer jersey ever on nike dot com yet they still make far less still though they still make less money than their medical needs even in the u.s. so where does that come from that well because the fact that football in general

the men have a lot more time they've had a lot more time to develop the sport than the women so naturally it's going to be at a higher level in terms of you know sponsorship t.v. the playing level as well but you need to invest in the women's game to at least give them a chance to get to that level that's true but you've mentioned earlier to me that if you look at a young footballer of 8 a promising talent but hopes to the young boy i would have to young go what's that . well this is my problem with comparing men's and women's football because if you take a male professional player a messy a rinaldo when they're young they're going to go into you know manchester united real madrid barcelona academy they're going to be trained by the best coaches in the best facilities with nutrition advice all kinds of advice they're going to be groomed to become that professional whereas a woman is going to have maybe her dad coaching or the hairdresser of your city and then they're going to have to work they're going have to go to school and you know maybe can i go to football training tonight maybe not that's the difference you can

expect them to be on the same level they don't have the same opportunities to the but you said that they're not on the same level the men's football is more powerful more dynamic maybe even more fun to watch for some large majority of people and yet . if i'm getting this right we don't want to say money today no it's not about wanting the same money it's about. giving the women and nothing money so that the game can grow i mean this is this is business right so when do you invest in something when it's here or when it's here so i mean i spoke to a businessman who was also a director of one of the top clubs in sweden a women's club and he just couldn't understand why people wouldn't want to invest in women's football because the return on your investment can be so great and he was baffled at the responses he got from people even in u.s. so i mean. this is more money they're coming into the sport now is that as a yeah yeah for sure i mean we've seen you know the super league in in england they

started investing they have a 10000000 pounds fonts are for the next 3 years even which a lot is it took 9 years to see it did it took a long time and it's taking a long time but we're making progress and the game is making progress and people are starting to see and the world cup right now it is especially is a great platform for people to realize hey look you know women are have actually improved greatly even since the 2015 world cup the qualities higher the viewership the ticket sales the jersey sales everything even the players are better so the game is getting there it's a perfect opportunity right now. some women have taken the canadian. football player have joined men's teams just to try it out is that it's not a way for those that i don't think so personally because you're just ignoring all the physiological factors that you can't control men are bigger men are stronger men are faster in most cases but i think the majority of women's football players

don't want to play in the men's leagues they want to play in their own me and be able to do that as a professional athlete and i don't think that's ridiculous to ask it's not about paying them the exact same when they generate the same revenue then ok we can have that conversation the u.s. women's national team they can have that conversation right now but it's about just giving them a little bit more investing a little bit more to grow the game. thank you very much donna brazile and i think because she is. that's it from me and your business and your team here and for the oval office and sometimes comes to. business don't go away the dog and used game is up next after this quick look at global market.

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but the judge. starts july 10th on g.w. . player . playing. this is g.w. news live from hong kong protesters smashed their way into the legislative building they got in after spending hours branding for the window earlier thousands of pro-democracy protesters clashed with police there rallying against an extradition bill we'll get an update also coming up. iran breaks the terms of

a 2015 nuclear deal for the 1st time the foreign minister says the country has exceeded the limits on its stockpile of low enriched uranium.