115 STAT. 2794 PROCLAMATION 7449-^JUNE 8, 2001 EXECUTIVE OFFICE OF THE PRES<OCNT THE XINITCD STATES TMAOE REPRESENTATIVC WJkCHtHGTON. OC. Z0SO9 July 13, 2000 The Honorable Vu Khoan Miniscer Ministry ofTrade Hanoi. Vietnam Dear Minister Khoan: I have the honor to conriim receipt of your letter dated July 13, 2000, regarding investment licensing, which reads as follou^: "I have the honor to refer to the Agreement between the Socialist Republic of Vietnam and the United States of America on Trade Relations, signed on July 13, 2000. In this regard, 1 coofimi the agreement between the Parties on investmem licensing regimes as follows: 1. Vietnam may maintain the evaluation regime for investment licensing in the following sectors: (a) Broadcasting and television; production, publishing and distribution of cultural products; construction and operation of sea port, river port, airport, cultural complex and tourist resorts; cargo and passenger transportation byroad, air, rail, sea, inland-waterway; fishing and fish catching; banking; insurance; construction, installation and maintenance of telecommunication facility; brokerage, dealership in securities and currency values, and other related services; real estates business; infrastructure development projects for industrial parks, export processing zones and high tech zones; (b) Projects in power, mineral exploitation and processing, metallurgy, cement, chemicals, agriculture sector with investment capital of over USD $40 million. Vietnam shall consider raising this threshold amount as these sectors develop; and (c) Projects usingrice-growingland, urban land of S ha upward or other kinds of land of SO ha upward, whether or not listed in this Paragraph. 2. Vietiam shall implement a registration regime for investment licensing. In place oflhe regime identined in paragraph 1, in the following sectors: •? ^
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