Lifecycle
- Effective
- Last change
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/19310Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.