TITLE

Vietnam to reduce chemical tariffs

AUTHOR(S)
Kovac, Matt; Gibson, Jane
PUB. DATE
January 2007
SOURCE
ICIS Chemical Business;1/22/2007, Vol. 2 Issue 50, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the move by Vietnam to reduce tariffs on chemicals, cosmetics and pharmaceuticals, following Vietnam's entry into the World Trade Organization (WTO) on January 11, 2007. Vietnam has committed to cut its tariffs down to the harmonization rates required by the Chemical Harmonization Agreement on 80% of chemical products, which will cover the vast majority of U.S. chemical exports to the country. Vietnam's average tariff on cosmetics, a key sub-sector in chemicals, will be reduced from 44% to 17.9%.
ACCESSION #
23977549

 

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