INTIEAUnited States · Vietnam-US Bilateral Trade Agreement (BTA)PolicyIn force

Vietnam-US Bilateral Trade Agreement (BTA)

On July, 2000, the Governments of Vietnam and the United States signed a Bilateral Trade Agreement (BTA), which covers trade in goods, protection of intellectual property rights, trade in services, investment protection, business facilitation, and transparency. The agreement…

Last changed 2 years ago.

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Lifecycle

EffectiveJan 01, 2000
Last changeMay 27, 2024

Country / jurisdiction: United States · Year: 2000 · Status: In force · Level: International · Type: Voluntary

On July, 2000, the Governments of Vietnam and the United States signed a Bilateral Trade Agreement (BTA), which covers trade in goods, protection of intellectual property rights, trade in services, investment protection, business facilitation, and transparency. The agreement significantly reduced tariffs on Vietnamese products entering the US from around 40% to approximately 3%.

Energy sectors covered include:

Electrical energy

Fuel

Metal ore

Road vehicles

The rules of origin established by the agreement notably state that:

Goods must undergo substantial processing in Vietnam or the US

Goods must be shipped directly between the two countries, staying under customs control if passing through a third country

Official source: https://ustr.gov/sites/default/files/US-VietNam-BilateralTradeAgreement.pdf

Source

https://www.iea.org/policies/19310

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

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