Resolution No. 292/NQ-UBTVQH9 on the import tax reduction program of Vietnam to implement the ASEAN Framework Agreement on Comprehensive Economic Cooperation (CEPT)

RESOLUTION

Regarding the program to reduce import tariffs of Vietnam to implement the Agreement on the Common Effective Preferential Tariff (CEPT) of ASEAN countries

Pursuant to Article 8 of the Law on Export Tax and Import Tax;

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THE STANDING COMMITTEE OF THE NATIONAL ASSEMBLY

WHEREAS Article 91 of the Constitution of the Socialist Republic of Vietnam in 1992;

Pursuant to Article 6 of the Law on the Organization of the National Assembly;

1. Approves the Government's proposal on the program to reduce import tariffs to implement the Agreement on the Common Effective Preferential Tariff (CEPT) of ASEAN countries.

Pursuant to the proposal of the Government;

RESOLUTION:

2. Instructs the Government to determine the list of goods and specific schedules for reducing import tariffs based on ensuring the principles: not significantly affecting budget revenue; reasonable protection of domestic production; creating conditions to encourage technology transfer and technological innovation for domestic production; taking advantage of preferential treatment, expanding export markets, and attracting foreign investment./.

                                             Standing Committee of the National Assembly

                                                  Chairman of the National Assembly

                                                 Nguyen Van An

                                                  (Signed)

                                                Nguyen Van An