May 29, 2017 | 21:35 (GMT+7)
Vietnam, Laos sign protocol on adjustment of good transit deal
A protocol adjusting the goods transit agreement between Vietnam and Laos has been signed, creating favourable conditions for transit of goods between the two countries.
The protocol, which was inked in Vientiane, Laos on April 26, 2017 and took effect on May 26, 2017 changed regulations on the border gates and routes for transited goods.
The protocol will help create favourable conditions for transit of goods between the two countries. (Photo for illustration)
To instruct the implementation of commitments in the protocol, Minister of Industry and Trade Tran Tuan Anh issued Circular 06/2017-TT-BCT on May 25, 2017 which amends Circular 22/2009/TT-BCT dated August 4, 2009 on regulations on the transit of Laos’ goods through Vietnamese territory.
Accordingly, the revised circular stipulates that goods are only allowed to be transited through international border gates. Routes for the transited goods transport will be decided in line with regulations of the Ministry of Transport.
Source: VNA