Agreement on Applying for Gold Bar Import and Export Licenses
关于申请金条进出口许可的协议
ຂໍ້ຕົກລົງ ວ່າດ້ວຍການຂໍອະນຸຍາດນຳເຂົາ ແລະ ສົ່ງອອກ ຄຳແທ່ງ
Summary
This agreement, promulgated by the Governor of the Bank of the Lao PDR, aims to regulate the import and export licensing procedures for gold bars within Laos through a non-automatic import and export licensing system to ensure the stability of the national monetary economy.
Articles
Article 1
Purpose. This Agreement aims to regulate the rules for applying for permits for the import and export of gold bars within the territory of the Lao People's Democratic Republic, implemented through a non-automatic import and export licensing system. The purpose of applying for permits for the import and export of gold bars is to ensure the stability of the national monetary metal economy.
Article 2
Definition of Terms. In this Agreement, the term "gold bar" refers to a gold bar that may be used as an instrument for international payment and is classified under heading 7108.12.10 of the Customs Tariff of the Lao People's Democratic Republic.
Article 3
Scope of Application. This Agreement applies only to the import and export of gold bars within the territory of the Lao People’s Democratic Republic.
Showing the first 3 of 10 articles. Open the LaoPaniti app for the full trilingual text.
Read the full trilingual text with AI explanation in the LaoPaniti app← LaoPaniti home: AI legal Q&A · contract drafting · Chinese-Lao translation