At the working session (Photo: VNA) Hanoi (VNA) – The Ministry ofIndustry and Trade (MoIT)'s Department of Asian-African Markets on September 11held a working session with the Embassy of India in Vietnam on the support forVietnamese incense stick producers and exporters.
At the meeting, the department voiced itsconcern about India’s revision of its import policy of incense sticks andrelated products from free to restricted, as stated in a public notice of India’sMinistry of Commerce and Industry on August 31.
It was opined that the sudden andunannounced requirement of licence will cause huge damage to Vietnamesebusinesses, especially during peak time of demand in the South Asian nationwhich falls in September and October.
A large inventory cannot be exported asthere is no alternative and various pending consignments will not pass throughthe customs clearance. In addition, it will affect the lives of workers in thefield, most of them poor and disabled people.
Indian importers who have formedpartnership with Vietnamese firms for years will also suffer as they have paidin advance in accordance with contracts signed before August 31.
The MoIT asked the embassy to work withIndian competent agencies to address negative impact to Vietnamese firms andworkers caused by sudden amendments of the country’s incense stick import.
Indian agencies should re-consider notasking for import licence for batches shipped from Vietnam before August 31.They were asked to halt the restriction during peak time this year and work to eventuallyremove import control over Vietnam’s incense sticks.
In reply, Deputy Chief of Mission at theIndian Embassy Rajesh Uike pledged to promptly work with Indian functional agenciesto remove bottlenecks for businesses of the two countries and will soon replyto the MoIT./.
At the meeting, the department voiced itsconcern about India’s revision of its import policy of incense sticks andrelated products from free to restricted, as stated in a public notice of India’sMinistry of Commerce and Industry on August 31.
It was opined that the sudden andunannounced requirement of licence will cause huge damage to Vietnamesebusinesses, especially during peak time of demand in the South Asian nationwhich falls in September and October.
A large inventory cannot be exported asthere is no alternative and various pending consignments will not pass throughthe customs clearance. In addition, it will affect the lives of workers in thefield, most of them poor and disabled people.
Indian importers who have formedpartnership with Vietnamese firms for years will also suffer as they have paidin advance in accordance with contracts signed before August 31.
The MoIT asked the embassy to work withIndian competent agencies to address negative impact to Vietnamese firms andworkers caused by sudden amendments of the country’s incense stick import.
Indian agencies should re-consider notasking for import licence for batches shipped from Vietnam before August 31.They were asked to halt the restriction during peak time this year and work to eventuallyremove import control over Vietnam’s incense sticks.
In reply, Deputy Chief of Mission at theIndian Embassy Rajesh Uike pledged to promptly work with Indian functional agenciesto remove bottlenecks for businesses of the two countries and will soon replyto the MoIT./.
VNA
