Vietnam-Cambodia special preferential import tariffs

VCN- The Government recently issued Decree No. 92/2019 / ND-CP on Special Preferential Import Tariffs to implement the Bilateral Trade Promotion Agreement between the Government of the Socialist Republic of Vietnam and the Government of the Kingdom of Cambodia for 2019-2020.
vietnam cambodia special preferential import tariffs
Illustrative photo: internet

This decree stipulates special preferential import duty rates for the implementation of the Bilateral Trade Promotion Agreement between the Government of the Socialist Republic of Vietnam and the Government of the Kingdom of Cambodia, signed in Phnom Penh, Cambodia on February 26, 2019 and conditions for enjoying special preferential import tax rates under the Vietnam - Cambodia Agreement for 2019-2020.

Attached with this Decree: Appendix I: List of imports originating from the Kingdom of Cambodia which are eligible for the special preferential import duty rate

Appendix II - List of goods imported under tariff quotas originating from the Kingdom of Cambodia.

Appendix II - List of tariff quota-based imports originating from the Kingdom of Cambodia

Appendix III - List of pairs of border-gates allowed to clear goods according to the Vietnam-Cambodia Agreement for 2019-2020.

Imports originating from the Kingdom of Cambodia named in the List of goods specified in Appendix I are subject to the special preferential import duty rate of 0 percent.

The conditions for the goods to enjoy the special preferential import duty rate of 0 percent are as follows: Having a certificate of origin form S (C / O form S) issued by a competent authority of the Kingdom of Cambodian; customs clearance through the pairs of border gates described in Appendix III.

The decree also stipulates that unprocessed agricultural products invested and planted by Vietnamese businesses in Cambodia and imported into Vietnam shall comply with the current law on import and export duties.

For agricultural products originating from Cambodia imported by Vietnamese business into Vietnam for re-export to other markets shall comply with the regime of temporary import for re-export by the Vietnamese Government and regional and international agreements to which the two sides have acceded.

The above-mentioned quantities of imported agricultural products are not included in the quantity of quotas specified in Appendix II attached to the decree.

This decree takes effect from January 6, 2020 until December 31, 2020.

By Huong Diu/ Huyen Trang

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