Decision No. 28/2006/QĐ-BTM On delegating authority to the Management Board of Nghi Son Economic Zone, Thanh Hoa Province to manage import and export activities and trade operations of foreign-invested enterprises within the Nghi Son Economic Zone and industrial parks in Thanh Hoa Province.

 Pursuant to …;

Regarding the delegation of authority to the Management Board of Nghi Son Economic Zone, Thanh Hoa Province to manage import and export activities and commercial activities of foreign-invested enterprises within the Nghi Son Economic Zone and industrial parks in Thanh Hoa Province trong khu kinh tế Nghi Sơn và các khu công nghiệp tỉnh Thanh Hóa

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MINISTER OF TRADE

On the basis of Decree No. 29/2004/NĐ-CP dated January 16, 2004 of the Government on the functions, tasks, powers, and organizational structure of the Ministry of Trade;

On the basis of the Regulations on Industrial Zones, Export Processing Zones, and High-Tech Zones issued together with Decree No. 36/CP dated April 24, 1997 of the Government;

On the basis of Decision No. 965/QĐ-TTg dated July 17, 2006 of the Prime Minister on the establishment of the Management Board of Nghi Son Economic Zone, Thanh Hoa Province;

In accordance with the proposal of the People's Committee of Thanh Hoa Province at Circular No. 3860/UBND-KTTC dated September 13, 2006.

Pursuant to …;

Article 1:Delegates to the Management Board of Nghi Son Economic Zone, Thanh Hoa Province (hereinafter referred to as the Management Board) the authority to manage import and export activities and commercial activities of foreign-invested enterprises and joint ventures based on business cooperation contracts for investment within the Nghi Son Economic Zone and industrial parks in Thanh Hoa Province (hereinafter referred to as foreign-invested enterprises).

Article 2:The Management Board shall examine and approve the import plans and manage the commercial activities of foreign-invested enterprises as follows:

1. Approve the import plans of foreign-invested enterprises:

1.1- Approve the import plan and confirm exemption from import tax for machinery, equipment, transportation means, construction materials, spare parts for installation and investment to create fixed assets, including imports through financial leasing. The confirmation of exemption from import tax shall only be implemented for projects that have been granted Investment License before January 1, 2006.

1.2- Approve the temporary import plan for machinery, equipment, transportation means leased from abroad not included in the production process to serve the operation of the enterprise.

1.3- Approve the import plan for raw materials and supplies for the production and business activities of the enterprise.

2. Approve the liquidation of machinery, equipment, transportation means, raw materials, and supplies of foreign-invested enterprises in accordance with Circular No. 01/2005/TT-BTM dated January 6, 2005 of the Ministry of Trade.

3. Approve the import plan for finished products to combine with the export products of foreign-invested enterprises.

Article 3:Every quarter, the Management Board shall report to the Ministry of Trade on the implementation of exports and imports by foreign-invested enterprises in accordance with the guidelines of the Ministry of Trade at Circular No. 22/2000/TT-BTM dated December 15, 2000 of the Ministry of Trade.

Article 4:The Ministry of Trade shall periodically inspect the implementation of the provisions in this delegation decision in accordance with the law.

Article 5:This Decision shall take effect fifteen days after its publication in the Official Gazette.