Vietnam: More than 80% of imported tuna materials do not take advantage of FTAs

Published 2022년 7월 6일

Tridge summary

The Vietnam Association of Seafood Exporters and Producers (VASEP) has proposed changes to the rules of origin in free trade agreements (FTAs) to aid tuna businesses. Current rules require raw materials to be of domestic or intra-regional origin, but tuna is often caught in countries without FTAs with Vietnam, preventing Vietnamese exporters from being competitive. VASEP suggests including a clause that allows imported raw materials to be used for production and export to FTA countries at preferential taxes. Additionally, VASEP recommends a shift to self-certification of origin, electronic certificates of origin, and expanding criteria for the origin of goods and HS code conversion.

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Original content

Stemming from these difficulties and problems of seafood enterprises, on June 24, 2022, VASEP sent an official dispatch to the Import-Export Department (Ministry of Industry and Trade) proposing a number of contents on rules of origin in the process of implementing and applying the rules of origin of goods (XXHH). According to VASEP, if the problem is solved, it will help seafood businesses, especially tuna businesses, to take full advantage of the advantages brought by FTAs. Rules of origin in FTAsrequire that raw materials used for processing and export must be of pure origin (i.e. materials of domestic origin) or of intra-regional origin (materials originating from other countries). FTA member). But with raw seafood caught, especially tuna, more than 80% must be imported from countries and territories that do not have FTAs with Vietnam. Therefore, Vietnamese tuna exporters cannot take advantage of the advantages of the FTA to increase their competitiveness compared to other ...

Source: AgroInfo.vn