Unbound. (2) None. (3) None, except: Upon WTO accession, foreign service suppliers are permitted to provide passenger and freight transport services through business cooperation contracts or joint-ventures with the capital contribution of foreign side not exceeding 49%. After 3 years from the date of WTO accession, subject to the needs of the market 33 , joint- ventures with foreign capital contribution not exceeding 51% may be established to provide freight transport services. One hundred % of joint-venture's drivers shall be Vietnamese citizen. (4) Unbound, except as indicated in the horizontal section. (1) Unbound. (2) None. (3) None. (4) Unbound, except as indicated in the horizontal section.
Appears in 5 contracts
Samples: Asean Korea Agreement, Asean Korea Agreement, Asean Korea Agreement
