Conditions for Applying Special Preferential Import Tariff Rates under the UKVFTA Agreement

To be implemented during the period 2021 - 2022, how does the Free Trade Agreement between the Socialist Republic of Vietnam and the United Kingdom of Great Britain and Northern Ireland (UKVFTA) stipulate the conditions for applying special preferential import tax rates under this Agreement?

Based on Clause 3, Article 5 of Decree 53/2021/ND-CP stipulating the conditions for applying special preferential import tariff rates according to the UKVFTA Agreement as follows:

Imported goods are eligible for the special preferential import tariff rate under the UKVFTA Agreement if they meet all the following conditions:

- Listed in the Special Preferential Import Tariff Schedule specified in Appendix II issued with this Decree.

- Imported into Vietnam from:

+ The United Kingdom of Great Britain and Northern Ireland;

+ The Socialist Republic of Vietnam (Goods imported from non-tariff zones into the domestic market).

- Comply with the regulations on the origin of goods and possess certificates of origin as prescribed by the UKVFTA Agreement.

Respectfully!

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