INTER-MINISTRY OF TRADE AND INDUSTRY
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No: 06/2005/TTLT-BTM-BCN
Hanoi, April 1st , 2005
 
INTERMINISTERIAL CIRCULAR
GUIDELINES ON TRANSFER OF QUOTAS FOR TEXTILE AND GARMENT EXPORTS TO THE US MARKET IN YEAR 2005
 
Pursuant to the Decree No. 29/2004/ND-CP dated January 16th. 2004 by the Government detailing functions, duties, responsibilities, and organization of the Ministry of Trade;
Pursuant to the Decree No. 55/2003/ND-CP dated May 28th, 2003 by the Government detailing functions, duties, responsibilities, and organization of the Ministry of Industry;
Pursuant to the Document No. 708/VPCP-KTTH dated February 7th, 2005 by the Government Office on the Prime Minister’s approval of the Ministry of Trade’s proposal as specified in the Circular No. 0134/TM-DM for transfer of quotas for textile and garment exports to the US market in year 2005;
Pursuant to the Document No. 1536/VPCP-KTTH dated March 28th, 2005 by the Government Office on the Prime Minister’s guidelines on establishment of regulations for transfer of quotas for textile and garment exports to the US market among enterprises;
Pursuant to the Interministerial Circular No. 4/2004/TTLT/BTM/BCN dated July 28th, 2004 by the Inter-Ministry of Trade and Industry providing guidance on allocation and realization of quotas for textile and garment exports to the US market;
Based on the Vietnam Textile and Garment Association’s proposal, The Inter-Ministry of Trade and Industry hereby provides guidelines on transfer of quotas for textile and garment exports to the US market in year 2005 as follows:
 
I. GENERAL PRINCIPLES
1. Scope and object of quota transfer
The quotas for transfer are those for textile and garment exports to the US market in year 2005 which the Inter-Ministry of Trade and Industry allocates or pre-allocates to enterprises based on their export achievements.
Chain quotas which are allocated based on export achievements of enterprises which join a valid chain can be transferred between members of that chain.
Quota transfer of other quotas which are not achievement quotas and chain quotas is not allowed.
Quota transferer is an enterprise which is allocated quotas which can be transferred and has the need for quota transfer.
Transferee is an enterprise which has capacity of manufacturing textile and garment products and has the need for export of textile and garment categories for which quotas can be transferred.
Transfer Contract is a deal in writing on transfer, exchange, credit, and move of quotas between transferer and transferee, between subsidiary companies of a corporation, between holding company and subsidiary companies, and between members of a chain in accordance with Form 01 of this Circular.
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