Circular No. 14/2021/TT-BCT dated October 29th, 2021 of the Ministry of Industry and Trade on providing guidelines for implementation of the Free Trade Agreement between the Socialist Republic of Vietnam and the United Kingdom of Great Britain and Northern Ireland regarding trade remedies

This Circular provides guidelines for investigation and imposition of anti-dumping, countervailing duties and bilateral safeguard measures for the purposes of implementation of the Free Trade Agreement between the Socialist Republic of Vietnam and the United Kingdom of Great Britain and Northern Ireland.

Accordingly, with regard to anti-dumping and countervailing measures, the Ministry of Industry and Trade shall decide not to impose the anti-dumping or countervailing measures where, on the basis of the information made available during the investigation, the investigating authority clearly concludes that it is not in socio-economic interests to apply such measures. An anti-dumping duty or countervailing duty imposed shall not exceed the margin of dumping or countervailable subsidy.

With regard to bilateral safeguard measures, it is required to comply with these rules upon the imposition

(i) At the same time, a bilateral safeguard measure and a safeguard measure under Article XIX of the General Agreement on Tariffs and Trade in 1994 shall not apply with respect to the same product qualified for the Most-Favoured-Nation (MFN) tariff rate of customs duty under the UKVFTA Agreement.