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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 275 - DIRECTING
THE COMMITTEE ON SCIENTIFIC AND TECHNICAL COOPERATION WITH SOCIALIST
COUNTRIES TO DELETE THE SOCIALIST REPUBLIC OF VIETNAM FROM THE LIST OF
COUNTRIES COVERED BY LETTER OF INSTRUCTIONS NO. 444
WHEREAS,
Letter of Instructions No. 444 dated 9 August 1976 has included the
Socialist Republic of Vietnam in the list of socialist countries and
other centrally-planned countries;
WHEREAS, the Socialist Republic of Vietnam has started to move towards
an open economy and is committed to liberalize its markets and
integrate into the global market economy;
WHEREAS, the Socialist Republic of Vietnam is now a member of the
Association of Southeast Asian Nations (ASEAN) and the Asia-Pacific
Economic Cooperation (APEC), and is in the process of accession to the
World Trade Organization;
WHEREAS, it is the policy of the Government to develop and strengthen
trade relations with the Socialist Republic of Vietnam;
WHEREAS, a continued coverage of the Socialist Republic of Vietnam by
Letter of Instructions 444 is no longer consistent with the country’s
national interest, as coursing trade between our countries through the
Philippine International Trading Corporation is becoming an unnecessary
barrier to trade.
NOW, THEREFORE, I, JOSEPH EJERCITO ESTRADA, President of the Republic
of the Philippines, by virtue of the powers vested in me by law, do
hereby order:
The Committee on Scientific and Technical Cooperation with Socialist
Countries to remove the Socialist Republic of Vietnam from the list of
countries covered by Letter of Instructions No. 444.
DONE in the City of Manila,
this 30th day of August, in the Year of Our Lord, Two Thousand.
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