Protocol signed between Vietnam and Laos on adjustment of good transit deal

A protocol aiming to adjust the goods transit agreement between Vietnam and Laos has been signed, creating more favourable conditions for the transit of goods between the two countries.

Illustrative image (Source: VNA)
Illustrative image (Source: VNA)

The protocol, which was signed 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.

In order to guide the implementation of the commitments stated 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 protocol stipulates that goods will only be allowed transit through international border gates. Routes for the transport of goods will be decided in line with the regulations of the Ministry of Transport.