Title: Decision 72/2013/QD-TTg providing for the financial mechanisms and policies applicable to border-gate economic zones

Type: Decision

Issuing Agency: Prime Minister

Responsible Agency: Relevant Agencies

Issuing Date: 26-11-2013

 Subjects of application

Subjects of application in this Decision include: state management agencies, organizations and individuals related to commercial, investment, production activities and other business activities in border-gate economic zones.

Interpretation of terms

In this Decision, the following terms are construed as follows:

1. Border-gate economic zone means an economic zone formed in mainland boundary area with international or major border gate, bilateral border gate and established under decision of the Prime Minister, including the Lao Bao special economic-trade zone in Quang Tri province and Cau Treo international border-gate economic zone in Ha Tinh province.

2. Non-tariff sections of border-gate economic zones are geographical areas with defined boundaries, and separated with the outside territories by hard barriers (except for the Lao Bao special economic-trade zone in Quang Tri province and Cau Treo international border-gate economic zone in Ha Tinh province), having entrance gates and doors to assure conditions for control of customs agencies and relevant functional agencies, having customs agencies in charge of supervising and checking goods and means of going out and into zones.

Non-tariff areas of border-gate economic zones include: Special commercial economic zones, industrial and commercial zones, free commercial zones and zones with other names established under decisions of the Prime Minister, having the relations of goods and service trading and exchange between these zones with the outside like as relations of export and import.

For further details, Please see a reference translation  at http://hethongphapluatvietnam.com/decision-no-72-2013-qd-ttg-of-november-26-2013-providing-for-the-financial-mechanisms-and-policies-applicable-to-border-gate-economic-zones.html

 

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