Sth Korean, Vietnamese customs chiefs promise trade cooperation
Wednesday, May 07, 2008; Posted: 12:36 AM

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SEOUL, May 7, 2008 (Asia In Focus via COMTEX) -- -- The customs chiefs of South Korea and Vietnam Wednesday promised to dispatch their staff to each others' nation "as soon as possible" to help boost bilateral trade activities by helping resolve possible trade disputes, officials said. The 12th Customs Cooperation Conference was held in Hanoi between Hur Yong-Suk, head of the Korea Customs Service, and his Vietnamese counterpart, LE Manh Hun, according to the Seoul service.

* Hur also urged Vietnam to retroactively apply a law being pursued to enforce tariff cuts promised for this year, a demand designed to help Korean companies in Vietnam recoup taxes they paid due to a delay in its enactment, the service added.

* "This year's meeting carries a very important meaning as it was the first gathering since both nations saw the Free Trade Agreement go into effect," Hur was quoted as saying by the service.

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