New preferential import tariff for FTA

13:28 | 03/01/2015

VGP – The Ministry of Finance has issued five circulars on preferential import tariffs to implement Viet Nam’s commitments on tariffs in free trade agreements (FTAs) for the period 2015-2018.

Accordingly, imported goods shall be subjected to new special preferential import tariffs since the beginning of 2015 if they meet all the conditions stated in the circulars.

Specifically, the five circulars are: Circular No.165/2014/TT-BTC for the implementation of the ASEAN Trade in Goods Agreement (ATIGA); Circular No.166/2014/TT-BTC for the implementation of the ASEAN-China Free Trade Area; Circular No.167/2014/TT-BTC for the implementation of the ASEAN-Republic of Korea FTA; Circular No. 168/2014 / TT-BTC for the implementation of the ASEAN-Australia-New Zealand FTA; and Circular No.169/2014/TT-BTC for the implementation of the ASEAN-India FTA.

By Ngoc Van