Decision No. 124/2008/QĐ-TTg abolishes Decision No. 195/1999/QĐ-TTg on establishing, using, and managing the Export Support Fund. At the same time, it assigns the Ministry of Finance to propose adjustments and changes to current policies and mechanisms with relevant ministries to promote export development in accordance with commitments under the WTO.
Key points
- Decision No. 195/1999/QĐ-TTg on establishing, using, and managing the Export Support Fund is abolished.
- The Ministry of Finance is assigned the task of proposing adjustments and changes to current policies and mechanisms with relevant ministries to promote export development in accordance with commitments under the WTO.
🌐 Social impact of this document
- This may create uncertainty regarding export support policies, requiring time for businesses to adapt.
- Businesses will need to understand and adjust their business strategies based on new mechanisms.
❓ Frequently asked questions
How does this decision abolish the Export Support Fund?
Decision No. 124/2008/QĐ-TTg completely abolishes Decision No. 195/1999/QĐ-TTg on establishing, using, and managing the Export Support Fund.
What will the Ministry of Finance do after this decision takes effect?
The Ministry of Finance is assigned the task of proposing adjustments and changes to current policies and mechanisms with relevant ministries to promote export development in accordance with commitments under the WTO.
When does this decision take effect?
This decision takes effect 15 days from the date of publication in the Official Gazette.
What should businesses do to adapt to this change?
Businesses need to follow and grasp new policies and mechanisms proposed by the Ministry of Finance and relevant ministries.
How does this decision affect citizens?
Citizens are not directly affected by this decision, but businesses operating in the export sector will need to adjust their business strategies.
Full text
Pursuant to …;
Regarding the abolition of Decision No. 195/1999/QĐ-TTg
dated September 27, 1999 of the Government Chairman
on the establishment, use, and management of the Export Support Fund
_________________
PRIME MINISTER
Pursuant to the Law on Organization of the Government dated December 25, 2001;
Pursuant to the State Budget Law dated December 16, 2002.
Considering the proposal of the Minister of Finance,
DECISION:
Article 1. BAbolish Decision No. 195/1999/QĐ-TTg dated September 27, 1999 of the Government Chairman on the establishment, use, and management of the Export Support Fund.
Article 2. The Minister of Finance shall, based on the Action Program of the Government for the period 2006-2010 attached to Resolution No. 25/2006/NQ-CP dated October 9, 2006 of the Government, consult with relevant ministries and submit to the Government in the fourth quarter of 2008 proposals to adjust and change current policies and mechanisms to promote export development in accordance with commitments under the World Trade Organization.
Article 3. This Decision takes effect fifteen days after its publication in the Official Gazette.
Ministers, Heads of ministerial-level agencies, and Heads of government-affiliated agencies are responsible for implementing this Decision./.
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