Library

Circular 41/2012/TT-BCT on mineral export restrictions

 

Circular 41/2012/TT-BCT on mineral export restrictions

Enterprises satisfying the conditions specified in Circular 41/2012/TT-BCT of the Ministry of Industry and Trade issued on December 24th 2012 will be allowed to export minerals.

Accordingly, the first condition for enterprises to be able to export minerals is that, the minerals subject to export must be listed in in the Circular.

This list is now containing only 10 type of minerals, less than previously regulated (22).

In terms of mineral origin, these conditions are now more relaxed which allow minerals which are legally imported or confiscated and sold by the state agencies for export.

In addition, in some special cases, enterprises can report to the Provincial People’s Committee for consideration on the export of minerals that does not meet the above conditions.

Circular takes effect from February 4th 2013, replacing Circular 08/2008/TT-BCT.

Source: ANT Lawyers

 

 

 

ANT Lawyers

Recent Posts

Decree No. 147/2024/NĐ-CP: A Comprehensive Framework for Internet and Information Management in Vietnam

With the rise of the digital age, Vietnam has experienced rapid growth in internet usage,…

2 weeks ago

The Employment in Vietnam Guide: 12 Key Legal Answers for Foreign Companies Entering the Market

Foreign companies entering Vietnam's thriving market face unique legal questions, especially around employing local talents.…

4 weeks ago

13 Critical Steps To Respond to Thailand’s Tough Anti-Dumping Investigation on Cold Rolled Stainless Steel

On October 3, 2024, Thailand’s Department of Foreign Trade (DFT) had officially launched an anti-dumping…

1 month ago

13 Essential Facts You Must Know About Setting Up a Vietnam Representative Office to Test the Market

Introduction For foreign businesses eyeing the fast-growing Vietnamese market, setting up a Vietnam Representative Office…

2 months ago

Anti-Dumping Investigation on Wood Fiber Boards from Thailand and China (AD21)

On September 25, 2024, the Ministry of Industry and Trade officially initiated an anti-dumping investigation…

2 months ago

Kick-Off Event of the 2024 International Mediation Writing Competition in Vietnam

The Weinstein International Foundation (WIF) has officially launched the 2024 International Mediation Writing Competition (IMWC2024).…

2 months ago