Headlines 09/12/2020 16:45 CH

Instructions about implementation of trade remedies under EVFTA are now available

Châu Thanh

The Ministry of Industry and Trade issues the Circular No. 30/2020/TT-BCT providing instructions for implementation of trade remedies under the European Union-Vietnam Free Trade Agreement (EVFTA), including:

- Guidelines for application of antidumping measures and countervailing measures include the followings:

+ Assessment of socio-economic benefits;

+ Lower tax rate rules.

- Guidelines for application of bilateral trade remedies include the followings:

+ Rules for application of bilateral trade remedies;

+ Required documentation for application of bilateral trade remedies;

+ Notification of investigation for application of bilateral trade remedies;

+ Investigation and application of bilateral trade remedies;

+ Involved parties to matters of investigation for application of bilateral trade remedies.

Regulations set forth in the Circular No. 30/2020/TT-BCT (in force from January 11, 2021) will be applicable to goods coming from the following countries or territories of origin:

- Territories of EU member states;

- United Kingdom of Great Britain and Northern Ireland;

- Principality of Andorra and the Republic of San Marino.

>> CLICK HERE TO READ THE ARTICLE IN VIETNAMESE

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