On the afternoon of July 23, at the headquarters of the Ministry of Industry and Trade, Deputy Minister Cao Quoc Hung had a meeting with representatives of the Vietnam Pepper Association and 9 out of 13 enterprises with 58 export pepper containers were stuck in Nepal. to find out more information and update current situation of trapped consignments, to promote the Government of Nepal to quickly re-export 58 containers due to the cost of large storage and storage facilities. bad for business.
The Association and businesses want to be supported by the Ministry of Industry and Trade and relevant agencies to exchange 5 shipping lines related to 58 containers to share costs with exporters. Enterprises involved in this incident are all small and medium enterprises, so the damage from the case to the business is very serious.
The 58 pepper containers trapped in Nepal caused a lot of damage to the business. (Illustration)
The representative of the Ministry of Industry and Trade said that he had directed very closely to assist businesses in handling the case, such as immediately sending letters to the Minister of Industry and Trade and Materials of Nepal, continuously directing the authorities. Function in the Ministry, the Vietnam Trade Office in India (concurrently Nepal) coordinates with the Vietnamese Embassy in India to influence the Nepali authorities through channels such as notes, online telephone …
The fact that Vietnam and Nepal did not have diplomatic missions on each side, the timing of the incident coincided with the time of Covid-19 translation, limited travel, making efforts to resolve difficulties for businesses. more strenuous. However, the efforts of the Ministry, the Trade Department, the Vietnamese Embassy in India (concurrently in Nepal) as well as businesses have initially shown results.
Nepal’s Ministry of Industry, Trade and Materials has written a request to Nepal Customs to allow trapped companies to be re-exported to their home countries as desired by businesses. Nepal Customs also sent documents to all Customs Sub-Departments to allow trapped pepper stocks to be re-exported. Currently, Vietnamese businesses are continuing to coordinate with Nepalese importers to complete re-export documents according to regulations.
For a comprehensive assessment, with grounds to continue to work with the Nepalese partner agency to support businesses, Deputy Minister Cao Quoc Hung asked the Pepper Association and businesses to quickly calculate the value. specific damage up to the present time and preliminary calculation of damages if the storage continues to be prolonged caused by the Nepalese side, continuously update the latest developments of the case, to the Ministry of Industry and Trade. For information and feedback, exchange proposals with Nepal.
The representative of the Ministry of Industry and Trade also noted that enterprises doing international business need to thoroughly understand information about the host country, import and export procedures of the partner country as well as carefully study their partner. In case enterprises need to support the above information, the Association and enterprises can contact the Ministry of Industry and Trade or directly contact the Vietnam Trade Office in that market. Enterprises should consider using low-risk international commercial payment terms such as T / T or L / Cat sight opening, 100%, irrevocable. The association needs to promote the role of connecting enterprises, orienting businesses to compete fairly, avoiding dumping competition, leading to the Government’s application of import restrictions / regulations. to protect domestic production./.
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