Gov't approves plan to implement VN-U.S. customs mutual assistance agreement

VGP – Prime Minister Nguyen Xuan Phuc has recently approved a plan to implement the Viet Nam-U.S. Agreement on customs mutual assistance.

July 20, 2020 3:59 PM GMT+7

The Ministry of Finance was assigned to supervise the implementation of the agreement.

The agreement offers a legal basis for cooperation, technical assistance and information exchange mechanism between the two customs agencies, aiming to prevent, detect and handle violations of customs laws.

Particularly, in the context of the increasing Viet Nam-U.S. trade relations, assistance activities based on the agreement will bring substantive contributions to trade facilitation and contribute to the fight against trade frauds and the illegal transportation of goods across each other’s territory to evade trade remedies.

The Customs Mutual Assistance Agreement was signed by Vietnamese Deputy Finance Minister Vu Thi Mai and U.S. Deputy Chief of Mission in Viet Nam Caryn McClellanda in Ha Noi on December 6, 2019.

The agreement took effect from May 20, 2020./.

By Khanh Phuong