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- 24 / 02 / 2020 -
Conditions for trading minerals

On February 5, 2020, the Government issued Decree 17/2020 / ND-CP amending the Decree related to conditions for business investment in the field of state management of the Ministry of Industry and Trade. This Decree, takes effect from March 22, 2020.
Pursuant to Article 14 of the Government’s Decree No. 17/2020 / ND-CP amending and supplementing Article 1 of Decree No. 77/2016 / ND-CP of July 1, 2016, amending and supplementing a number of provisions on business investment conditions in the field of international goods trading, chemicals, industrial explosives, fertilizers, gas business and food business under the state management scope of the Ministry of Industry and Trade. Accordingly, mineral trading enterprises need to meet the following conditions:
a) Being a trader according to the provisions of the Commercial Law;
b) Traders may only trade in minerals of lawful origins. In the case of:
– To be allowed to exploit or fully exploit from mines, mine sites and landfills within the valid time of the License for exploitation or the License for full exploitation granted by a competent State agency;
– Minerals are imported according to the Imported Goods Declaration certified by the border gate Customs;
– Due to confiscation and sale by competent state agencies.
c) For exported minerals, they must be on the list of categories and meet the standards and quality prescribed by the Ministry of Industry and Trade. For minerals exported in thorium or uranium-containing contents equal to or greater than 0.05% by weight, a permit for export of radioactive materials from the Ministry of Science and Technology is required under the Raw Energy Law. death.
d) In cases where imported minerals are still in stock because they are not fully consumed in the country or they need to be transferred abroad for analysis, research and testing of processing technology and other special cases, traders must submit a written request for export;
d) Mineral traders must comply with the provisions of law on environmental protection, safety, labor hygiene, fire prevention and fighting.
The promulgation of Decree 17/2020 / ND-CP is necessary in the current context. Because the strong socio-economic development takes place not only within the national and international scope, it also leads to guidelines and regulations on the management of conditions in certain business areas to satisfy the current situation.