The Ministry of Industry and Trade constantly has online meetings with Nepal to find solutions to solve difficulties for Vietnamese enterprises, if they cannot import, they can create conditions for Vietnamese enterprises to re-export shipments. is located in the port of Nepal to return home.
According to the Ministry of Industry and Trade, regarding the difficulties faced by Vietnamese enterprises due to the temporary suspension of Nepal import of pepper, the Ministry of Industry and Trade is working with the Ministry of Industry and Trade and Materials of Nepal to ensure that their shipments will be be re-exported after having all the papers, meet the regulations of Nepal.
On March 25, the Ministry of Industry and Trade and Materials of Nepal issued a decision to suspend the import of pepper (HS code: 09041100).
Despite taking effect on April 6, the Nepal Ministry of Industry and Trade’s decision to allow customs clearance for imported consignments of pepper imported into Nepal has been granted an L / C declaration before March 29, 2020.
Immediately after receiving the aforementioned information from the Vietnam Pepper Association, Minister of Industry and Trade Tran Tuan Anh immediately signed a letter to the Minister of Industry and Trade and Materials of Nepal to request support for Vietnamese enterprises.
The Vietnamese side also constantly has online meetings with Nepal to find solutions to solve difficulties for Vietnamese businesses, if it cannot be imported, it will create conditions for Vietnamese enterprises to re-export lots. goods are located in the port of Nepal to return home.
Receiving a letter from Minister Tran Tuan Anh, Ministry of Industry and Trade and Materials of Nepal, said that they will support Vietnamese businesses in accordance with the law.
Under the measure that the Nepalese Government applied, enterprises must have L / C opened before March 29, and want to re-export shipments from Nepal, the important condition is to have an application for re-export of importers. Nepal.
However, in fact, the contracts of 13 Vietnamese enterprises mostly do not open L / C.
Moreover, in the past 2 months, since Nepal halted import of pepper, importers in Nepal showed no cooperation, no payment of documents, no application for Vietnamese enterprises to comply. re-export.
This makes it difficult for Vietnamese enterprises to re-export consignments.
In order to provide maximum support for businesses, the Ministry of Industry and Trade in coordination with the Vietnam Trade Office in India (concurrently in Nepal) must continue to meet with the Nepal Pepper Association and importers to persuade them to coordinate. , agreed to sign an application for Vietnamese enterprises to re-export the consignments.
The persuasion of Nepal also faced more difficulties when Nepal did not have a representative office in Vietnam and vice versa (Vietnam Embassy in India concurrently in Nepal).
By early July, a few Nepalese importers agreed to sign an application for re-export and provide re-export documents.
However, in order to bring all the goods back to the wishes of businesses, Vietnamese businesses need to coordinate closely with state management agencies, and at the same time must actively persuade their partners. Sign the application for re-export.
From the above case, the Ministry of Industry and Trade recommends that enterprises involved in export activities, especially import-export enterprises with South Asia, such as India and Nepal markets, should take preventive measures. risk.
When signing a contract, businesses need to apply international trade conditions such as irrevocable L / C opening, advance deposit, avoid using other risky methods, which will be very awkward. In case of problems such as the case that Nepal temporarily stopped importing pepper
Earlier, talking to the writer, Mr. Nguyen Tan Hien, Deputy General Director of Tran Chau Import Export Service Trading Joint Stock Company, and Vice President of Vietnam Pepper Association said that the handling of the stuck shipment in Nepal came back. Vietnam takes place very slowly.
“It is unclear why the Nepalese government did not issue import licenses so banks cannot pay Vietnamese pepper exporters. Therefore, Vietnamese businesses want to pull in goods but the process is a bit slow, “Mr. Hien said.
According to information from Mr. Phan Minh Thong, Chairman of Phuc Sinh Joint Stock Company, the amount of pepper that Nepal does not receive is about 1,000 tons.
According to VietnamBiz
