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June 22, 2022 | 10:45

Draft prepared on import tariffs for India trade agreement

Trâm Anh

The Ministry of Finance is seeking comments on a draft Decree on Special Preferential Import Tariffs for the implementation of the ASEAN - India Free Trade Agreement (AIFTA) in the 2022-2027 period. Under the draft, from December 31, 2021, all tariff lines in Vietnam’s normal track (NT) will fall to 0 per cent and items on the sensitive track (ST), including the highly sensitive list (HSL), will have tax reductions completed by December 31, 2023.

Draft prepared on import tariffs for India trade agreement
Photo: Illustration

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