FTA

Decision 1334/QD-BCT on tariff quotas for textiles and garments exported to Mexico in 2022 under the CPTPP

20/07/2022    46

Issuing date: 4/7/2022

Issuing authority: Ministry of Industry and Trade

On July 4, 2022, the Ministry of Industry and Trade issued Decision No. 1334/QD-BCT on the amount of tariff quotas for textiles and garments exported to Mexico in 2022 under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Traders wishing to be granted quotas to enjoy tariff preferences under the CPTPP in 2022 according to the above Decision, complying with Circular No. 07/2019/TT-BCT dated April 19, 2019 of the Ministry of Industry and Trade stipulating on the export of textiles and garments to Mexico under the CPTPP.

Traders that export textiles and garments to Mexico under the CPTPP (including traders exporting under tariff quotas and traders exporting not subject to tariff quotas) must register information with the Ministry of Industry and Trade to implement the supervision mechanism for textiles and garments exported to Mexico under the CPTPP.

In recent years, the trade relationship between Vietnam and Mexico has been growing. Vietnam and Mexico are both members of the CPTPP, making full use of tariff preferences from this agreement is an attack to promote trade between the two countries.

The Decision (in Vietnamese) is attached in the file below:

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