• Mobile version
  • Follow us on Wechat
  • Facebook
  • Twitter
  • Instagram
  • YouTube
  • App

Zhanjiang issues 1st RCEP certificate of origin for products to Cambodia

Recently, Xiahai Customs (affiliated to Zhanjiang Customs District) issued the first certificate of origin under RCEP for products exported to Cambodia to Guangdong Gourmet Aquatic Products Co., Ltd. in Zhanjiang.

[Photo: Nanfang Daily]

The certificate involved the export of frozen lobster pasta worth about 26,000 RMB. It allows the company to enjoy zero-tariff treatment in Cambodia.

"With the certificate of origin under the ASEAN–China Free Trade Area (ACFTA), the China-Cambodia Free Trade Agreement (CCFTA), and the Regional Comprehensive Economic Partnership (RCEP) Agreement, businesses like ours are benefited with more preferential tax rates. Despite the small sum of this batch of product, it's a very good beginning as we are more confident of tapping into the Cambodian market in the future," said Quan Xiaoxia, a customs specialist at the company.

Since the RCEP took effect on Jan 1, 2022, Xiahai Customs has adopted various measures to help local enterprises to enjoy tax preference when exporting goods to RCEP member countries, such as, offering a policy explanation service targeted at different businesses and industries, employing the approved exporter system, encouraging the AEO (Advanced Economic Operator) certified enterprises to apply for the approved exporter qualification, and guiding them to make full use of the certificate of origin declaration and other smart conveniences concerning approval, filling in the form, declaring the place of origin and self-printing services.

As well as this, it has set up a RCEP service team to explain specific policies under the agreement to local foreign trade enterprises and listen to the challenges and difficulties faced by them.

In the first four months of this year, Xiahai Customs issued 81 certificates of origin under RCEP, with a total goods value over 41.6 million RMB.

Author | Fanny

Editor | Wing, Nan, Monica, Jerry

Related News