Decision No. 0240/2003/QD-BTM dated March 05, 2003 of the Ministry of Trade authorising the People’s Committee of Quang Tri province to grant permits for the establishment of foreign traders’ branches in Lao Bao trade zone

DECISION

AUTHORISING THE PEOPLE’S COMMITTEE OF QUANG TRI PROVINCE TO GRANT PERMITS FOR THE ESTABLISHMENT OF FOREIGN TRADERS’ BRANCHES IN LAO BAO TRADE ZONE

THE MINISTER OF TRADE

Pursuant to the Government’s Decree No. 95/CP dated December 4, 1993 prescribing the functions, tasks, powers and organizational structure of the Ministry of Trade;

Pursuant to the Government’s Decree No. 45/2000/ND-CP dated September 6, 2000 providing for Vietnam-based representative offices and branches of foreign traders and foreign tourist enterprises; Joint Circular No. 20/2000/TTLT-BTM-TCDL dated October 20, 2000 of the Ministry of Trade and the Tourism Administration guiding the implementation of the above-said Decree, and Article 13, Chapter II of the Regulation on Lao Bao trade zone, issued together with the Prime Minister’s Decision No. 219/1998/QD-TTg dated November 12, 1998;

At the proposal of the People’s Committee of Quang Tri province on the authorization of the granting of permits for the establishment of foreign traders’ branches in Lao Bao trade zone (Document No. 238/UB-TM dated February 24, 2003),

DECIDES:

Article 1.- To authorize the People’s Committee of Quang Tri province to grant permits for the establishment of foreign traders branches in Lao Bao trade zone.

Article 2. The granting, amendment, supplementation and withdrawal of permits for the establishment of foreign traders branches in Lao Bao trade zone shall comply with current provisions of Vietnamese law.

Article 3. Annually, by April 15 at the latest, the People’s Committee of Quang Tri province shall send to the Ministry of Trade reports on the granting, amendment, supplementation and withdrawal of permits for the establishment and operation of foreign trader’s branches in Lao Bao trade zone in the preceding year.

Article 4. This Decision takes effect as from April 1, 2003.