American Trade Representative of Katherine Tai highly appreciated Vietnam because of its commitment to solving US concerns about its currency activities and watching Vietnam is an important model for Indian Ocean - Pacific region ... 0: 00/2: 51 Southern Southern American Trade Representative of Katherine Tai - Photo: Apquang of US Trade Representative (USTR) has just issued an official decision on Vietnam's monetary policy survey according to articles Clause 301 of the US Trade Act in 1974, whereby USTR will not apply trade adjustment measures to Vietnam. In the announcement of July 23, Ustr said the agreement between the US Department of Finance and the Bank The State of Vietnam recently provided a satisfactory solution to the issue being investigated
. Therefore, this agency decides not to adjust trade policies with Vietnam at this time. In the coming time, USTR, coordinating with the US Ministry of Finance, will monitor the implementation of Vietnam's agreement. "I appreciate Vietnam because you are committed to addressing US concerns about the currency activities of the currency I and this is an important pattern for the Indian Ocean - Pacific region, "said Katherine Tai, American Trade Representative, said
The ear stressed that workers and US businesses will be stronger when Trade partners valued their local currency fairly and compete on an equal playground. "In the coming time, coordinating with the Ministry of Finance, Ustr will work with Vietnam to ensure development Declaring, and will continue to check the monetary practices of other major trading partners, "US commercial representatives said. Ustr investigation was started in October 2020. By December, the Ministry American finance under the former President Donald Trump issued a report on "macroeconomic and foreign exchange policies of major American trading partners", for the first time with money manipulation With Vietnam and Switzerland. However, in April 2021, the US Department of Finance, under President Joe Biden said, there was not enough evidence to conclude that Vietnam manipulated money to create a commercial competitive advantage. Accordingly, Vietnam is given out of the list of countries and territories allegedly manipulating money. The State Bank of Vietnam affirmed, does not use the exchange rate to win unfair competition in international commerce. The exchange rate for the past years - within the framework of the general monetary policy - to implement the consistent goal is to control inflation, stabilizing the macro economy, not to create international trade competitive advantages? Fairness of Ustr is independent of an other survey on imported pellets from Vietnam to use Chinese raw materials took place. This survey can lead to the US imposing tariffs on Vietnam's exports. 24/7 days, the Ministry of Foreign Affairs spokesman Le Thi Thu Hang affirmed that Vietnam welcomes the decision of the Ustr
" is the next positive step agreement to reach July 19 between the State Bank of Vietnam and the US Finance Ministry. This is also the result of the construction and goodwill dialogue of both sides to solve problems Entrepresenting in bilateral economic relations, towards building stable and sustainable relations, benefiting both countries on a comprehensive partner spirit, "said the Ministry of Foreign Affairs and said. . Dịch vụ:
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