Examples of using Preferential tariffs in English and their translations into Vietnamese
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Currently it is mainly applicable to Asean nations under common preferential tariffs(CEPT).
In return, partner countries can negotiate preferential tariffs for the export of fresh products to the European Union.
Meeting the requirements for rules oforigin is an important condition for enjoying preferential tariffs.
To enjoy these preferential tariffs, of course, goods from Vietnam must meet the rules of origin prescribed in the CPTPP.
As committed, after the agreement comes into effect, Vietnamese goods, including shrimp products,will enjoy special preferential tariffs.
However, preferential tariffs under GSP are unstable since GSP is subject to revision every three years, according to Bouflet.
More than 90% of ASEAN countries' tariff lineshave a preference margin of zero, where preferential tariffs are no lower than the MFN rate.
Pakistani exporters may enjoy preferential tariffs on exports to the EU over the next two years as the GSP+ program is approved by the European Commission's….
In order to fulfill its tariff reduction commitments under these FTAs,the MOF has submitted 12 decrees on preferential tariffs for the government to issue.
China grants preferential tariffs to LDCs, but Asian LDCs still represent a small share of China's imports: less than 0.5%.
In addition,it is difficult for Vietnam to compete with the Philippines and Ecuador because they enjoy preferential tariffs, while Vietnam is not entitled to incentives.
With preferential tariffs and business environment, Vietnamese enterprises will have an advantage over many other countries exporting shrimp such as India and Thailand in the second half of the year.
Using blockchain tech, traders could upload all their documents in one place, including those related to compliance,to benefit from the preferential tariffs.
However, the FTA between Southeast Asian countries and Korea,which took effect at the start of 2016, coupled with preferential tariffs under the ASEAN Trade in Goods Agreement, have make import rates on Dung Quat's oil products higher than those from foreign markets.
In the process of implementation, the project has received pledges full support of Quang Ninh province,both in terms of administrative procedures, as well as preferential tariffs, finance at the highest level.
The European Parliament has proposed to use blockchain technology to enable traders to upload all their documents in one place, including those related to compliance,to benefit from preferential tariffs.
Usually, it is necessary for the customs authorities of the importing country for tariff regulation Ammunition capacity of goods,obtaining preferential tariffs, duty-free importation, exemption from additional taxes.
Garment and textile industry will hardly make use of opportunities and even face difficulties with the CPTPP as if it fails to ensure rules of origin,Vietnamese products will not receive preferential tariffs when exporting.
However there are many changes, the evaluation of representatives of International Cooperation Department will not affect the implementation of commitments under thesigned agreements while ensuring the stability of the special preferential tariffs when these decrees are issued and come into use.
Cambodia is supposed to respect them under the preferential tariff regime.
Thailand lost its preferential tariff in the EU market, so Vietnamese shrimp had the advantage over Thai shrimp in terms of the average price of about 10%.
Agreement on the Common Effective Preferential Tariff Scheme for the ASEAN Free Trade Area, Singapore, 28 January 1992.
The main implementationmechanism for AFTA is the Common Effective Preferential Tariff(CEPT) agreement.
Currently, this group is enjoying an average preferential tax rate of 3-4% under the Universal GSP Preferential Tariff Regulation.
More than 2,900 kinds of Indian exports to the United States, worth about US$5.6 billion,no longer enjoyed preferential tariff reductions.
The certificate of origin is required for the customs authorities of the importing country for tariff regulation of imported goods,obtaining preferential tariff duty-free, free from additional taxation.
Since the Common Effective Preferential Tariff(CEPT) agreement was signed between ASEAN countries in 1992, car manufacturers have been forced to reconsider the strategy of producing and consuming cars within this region.
The country announced earlier in 2019 plans to introduce a fiscal scheme that will offer tax cuts to EV battery producers and automakers,as well as preferential tariff agreements with other countries that have a high EV demand.
Because a company in Hong Kong was making inferior quality copies of motors and selling them to BritishCommonwealth countries at low cost with the benefit of a preferential tariff, the Mabuchi brothers decided to build their own factory in Hong Kong and compete head to head.