Viet Nam-Cuba Free Trade Agreement

The Viet Nam-Cuba Free Trade Agreement entered into force in April 2020. It provides for the gradual elimination of import tariffs over five years, notably for :

• Ores
• Mineral fuels
• Mineral oils
• Coal
• Iron and steel
• Nickel
• Aluminium products.

To qualify for preferential tariff treatment, products should be: 

•  wholly obtained or produced in one of the signatory countries, or entirely from materials originating from them.
• incorporating non-originating materials which value does not exceed 10% of the FOB value of the final products.

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