US-VIETNAM BILATERAL TRADE AGREEMENT
CHAPTER III
ANNEX I
TRIMS
TRIMs -- Illustrative List
1. TRIMs that are inconsistent with the obligation of national treatment
provided for in paragraph 4 of Article III of GATT 1994 include those
which are mandatory or enforceable under domestic law or under administrative
rulings, or compliance with which is necessary to obtain an advantage,
and which require:
- A. the purchase or use by an enterprise of products of domestic origin
or from any domestic source, whether specified in terms of particular
products, in terms of volume or value of local products, or in terms
of a proportion of volume or value of its local production; or
- B. that an enterprise's purchases or use of imported products be limited
to an amount related to the volume or value of local products that it
exports.
2. TRIMs that are inconsistent with the obligation of general elimination
of quantitative restrictions provided for in paragraph 1 of Article XI
of GATT 1994 include those which are mandatory or enforceable under domestic
law or under administrative rulings, or compliance with which is necessary
to obtain an advantage, and which restrict:
- A. the importation by an enterprise of products used in or related
to its local production, generally or to an amount related to the volume
or value of local production that it exports;
- B. the importation by an enterprise of products used in or related
to its local production by restricting its access to foreign exchange
to an amount related to the foreign exchange inflows attributable to
the enterprise; or
- C. the exportation or sale for export by an enterprise of products,
whether specified in terms of particular products, in terms of volume
or value of products, or in terms of a proportion of volume or value
of its local production.
Back to Index of Text of the BTA
|
