Temporary suspension of import and re-export of plywood to the US

Temporary suspension of import and re-export of plywood to the US

Update: November, 14/2019 – 16:08

Read more at http://vietnamnews.vn/economy/538433/temporary-suspension-of-import-and-re-export-of-plywood-to-the-us.html#SSBxc0F0SowoDLg2.99

HÀ NỘI — The  Ministry of Industry and Trade (MoIT) has decided to suspend the import of plywood products to Việt Nam for re-export to the US from December 27 to prevent commercial fraud on goods’ origin and illegal transshipment.

This is a key part of the MoIT’s newly-issued Circular No 22/2019/TT-BCT, according to the ministry’s Department of Import and Export.

It will be applied to traders engaged in trade, temporary import and re-export; management agencies and organisations on merchanting trade, temporary import and re-export; and agencies, organisations and individuals involved in merchanting trade, temporary import and re-export business.

The circular takes effect from December 27 this year to December 31, 2024. — VNS

Read more at http://vietnamnews.vn/economy/538433/temporary-suspension-of-import-and-re-export-of-plywood-to-the-us.html#SSBxc0F0SowoDLg2.99

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