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USAID Trade Facilitation Program launched

Released at: 16:20, 10/07/2019

USAID Trade Facilitation Program launched

Photo: USAID

US launches $21.7mn program to help Vietnam improve customs procedures.

by Nghi Do

The US Agency for International Development (USAID) and the Ministry of Finance launched the USAID Trade Facilitation Program on July 10 in Hanoi.

The launch was attended by Deputy Prime Minister Vuong Dinh Hue, US Ambassador to Vietnam H.E. Daniel J. Kritenbrink, USAID / Vietnam Mission Director Mr. Michael Greene, and representatives from local government agencies, international organizations, and business associations.

The five-year, $21.7 million program aims to support the Vietnamese Government to adopt and implement a risk management approach to customs and specialized inspection agencies, which will strengthen the implementation of the WTO’s Trade Facilitation Agreement, of which both Vietnam and the US are members.

The program will work with the General Department of Vietnam Customs, under the Ministry of Finance, to strengthen the role and capacity of Vietnam’s National Trade Facilitation Committee and their associated working groups to improve the efficiency of specialized inspections and customs-to-business partnerships.

The USAID Trade Facilitation Program will be implemented until 2023 and will support the standardization of policies and procedures for exports and imports, strengthen national and provincial coordination, and build the capacity of provincial customs officers. This will help Vietnam develop a more attractive and predictable trade and investment climate for domestic small and medium-sized enterprises (SMEs) as well as international traders and investors.

In close partnership with the government and other government units, USAID aims to achieve the following results across four components: Policies and procedures across government units being harmonized and simplified; National-provincial coordination of trade facilitation strategies for import and export goods being strengthened; Provincial-level implementation and inter-provincial coordination in at least five targeted provinces and capacity building for provincial customs officers being strengthened; and Partnerships between customs and the private sector being enhanced.

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