| After joining the WTO on January 11, 2007, Vietnam must reduce its tariffs on 80 percent of chemical products as required by the Chemical Harmonization Agreement. The country's average tariff on cosmetics will be lowered from 44 percent to 17.9 percent. Tariffs for pharmaceuticals within five years will average 2.5 percent. Vietnam must also inhibit the importation of highly toxic chemicals such as Aldrin, DDT and Hexachlorobenzene as required by the Stockholm Convention on Persistent Organic Pollutants. The country also adopted the Rotterdam Treaty on Prior Informed Consent in 2006 and must ban the use of highly hazardous pesticide formulations covered under the treaty. |
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