Recently, the Minister of Industry and Trade of Vietnam issued Circular No. 37/2019/TT-BCT providing detailed regulations on trade remedies, which replaces Circular No. 06/2018/TT-BCT.
According to Circular No. 37/2019/TT-BCT of the Ministry of Industry and Trade of Vietnam, the Minister of Industry and Trade shall consider granting exclusions from provisional and/or official trade remedies on certain imports subject to trade remedies in the following circumstances:
- Goods cannot be domestically produced;
- The good has characteristics which are different from and cannot be substituted by the domestically produced products;
- The goods are special products of the like or directly competitive products produced by domestic industry;
- There are no sale of the like or directly competitive products produced by the domestic industry in the ordinary course of trade in the domestic market;
- The like or directly competitive products produced by the domestic industry are not enough to satisfy the needs of the domestic market;
- The imports within the total quantities of imports requesting for exclusion prescribed above are intended for serving research and development purposes as well as other non-commercial purposes.
View more details at: Circular No. 37/2019/TT-BCT of the Ministry of Industry and Trade takes effect from January 15, 2020.
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