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Photo: VNA

The Government leader assigned the Ministry of Finance to coordinate with relevant ministries to bring the deal to life.

The plan defines specific tasks to ensure the agreement is realized fully and effectively, thus meeting the requirements of each side, as well as tasks and responsibilities of involved parties.

The PM asked the Ministry of Finance and relevant agencies to discuss with the US ways to implement the agreement while conducting periodical reviews of the implementation work.

The customs mutual assistance agreement between the Governments of Vietnam and the US was signed in Hanoi on December 6, 2019, in the presence of Vietnamese Deputy Prime Minister Vuong Dinh Hue.

The agreement was signed in Hanoi on December 6, 2019. (Photo: General Department of Vietnam Customs)

The signatories of the document were Vietnamese Deputy Finance Minister Vu Thi Mai and US Deputy Chief of Mission in Vietnam Caryn McClelland.

The agreement offers a legal basis for the official relationship and the cooperation, technical assistance and information exchange mechanism between the two customs agencies, aiming to prevent, detect and handle violations of customs laws.

Particularly, in the context of the growing Vietnam-US trade relations, assistance activities based on the agreement will bring substantive contributions to trade facilitation and contribute to the fight against trade frauds and the illegal transportation of goods across each other’s territory to evade trade remedies.

The deal took effect from May 20, 2020./.

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