Viet Nam-Cuba Free Trade Agreement
The Viet Nam-Cuba Free Trade Agreement entered into force in April 2020. It provides for the gradual elimination of import tariffs over five years, notably for :
- Ores
- Mineral fuels
- Mineral oils
- Coal
- Iron and steel
- Nickel
- Aluminium products.
To qualify for preferential tariff treatment, products should be:
- wholly obtained or produced in one of the signatory countries, or entirely from materials originating from them.
- incorporating non-originating materials which value does not exceed 10% of the FOB value of the final products.
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