• compliance e AEO,  free trade agreement

    Conditions and data for the approved exporter in the EU

    How can you boost your export? With the approved exporter? OK but which are the requirements to become approved exporter? According to the “ Guidance on Approved Exporters” of TAXUD the prerequirements are: frequency of consignments (except for the FTA with South Corea); the exporter should be known as reliable. A condition may be that he must not be subject to bankruptcy proceedings or being in arrears of customs duties and taxes; Any product can be covered by the authorisation where it is originating in the framework of the preferential arrangement concerned and benefits from a preferential duty rate The economic operator has to provide with these data: Data relating…

  • compliance e AEO,  free trade agreement

    EU Guidance on Approved Exporters

    Who is the approved exporter? The approved exporter is an economic operator-based in the EU- which is authorized to certify the preferential origin himself by including a specific declaration on the invoice or another commercial document identifying the exported products. It is a status which allows: a) time saving; b) boost your export. The economic operator can be either manufacturer or trader. Except for the FTA with the South Korea which provides with only the approved exporter, it is an alternative way to prove the preferential origin status  instead of applying upon each export for issue of a movement certificate EUR.1 The application for the approved exporter status is a…

  • free trade agreement

    Recap of the EU free trade agreements with REX

    the REX system is a single system (enrolement in the European register) for self-certify the preferential origin. It is  applied in different unilateral (generalised preferences system), bilateral or multilateral preferential trade arrangements between the EU has with third countries. For what it concers the free trade agreements we can recall that REX is required in the following trade flows: Canada (CETA), UK (TCA-trade cooperative agreement), Japan , Vietnam (EVFTA), Ivory Coast, Ghana, Mauritius, Seychelles, Comoros Zimbabwe, Madagascar, Nouvelle Caledonie, Nouvelle Polinesie, Saint Pierre et Miquelon.

  • compliance e AEO,  free trade agreement

    Pan-Euro-Mediterranean (PEM) Convention and trade opportunities: an update

    The Pan-Euro-Mediterranean (PEM) Convention on preferential rules of origin established: a) common rules of origin; b) cumulation among the PEM Contracting parties: the EU, Switzerland, Norway, Iceland, Liechtestein, Egypt, Tunisia, Algeria, Morocco, Israel, Palestinian Authority of the West Bank and the Gaza Strip, Syria, Lebanon, Jordan,  Türkiye, the Faroe Islands, the Republic of Moldova, Georgia, Ukraine, Serbia, Montenegro, Bosnia Herzegovina, North Macedonia, Albania. The aim of this free trade area is to facilitate trade and integrate the supply chains within the zone; in this context the SME (small medium enterprises) can enjoy the interesting benefit. In a nutshel: a SME (and in general any economic operator) can export from one…