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Vietnam issues list of special preferential tariffs for goods imported from Cuba

The Government has recently issued Decree No.39/2020/ND-CP on a list of Vietnam’s special preferential import tariffs to implement the Vietnam – Cuba Free Trade Agreement from now until 2023.

Hanoi (VNA) – The Government has recently issuedDecree No.39/2020/ND-CP on a list of Vietnam’s special preferential importtariffs to implement the Vietnam – Cuba Free Trade Agreement from now until2023.

Accordingly, goods subject to the special preferential taxrates must be imported and directly transported to Vietnam from Cuba incompliance with the trade deal.

They must meet rules of origin as stipulated in the agreementand be accompanied with certificates of origin (C/O).

Goods imported from Vietnam’s non-tariff areas are alsosubject to the preferential tariffs if they satisfy these requirements.

The decree will become effective from May 20./.

VNA

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