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Streamlined compliance and space for processing in multiple States

The trade agreements concluded or negotiated by the EU in recent years focus on simplification.

Translated from Italian Read in Italian

Streamlined compliance and space for processing in multiple States

New generation trade agreements have changed the way preferential origin is proven, with the traditional EUR.1 certificate being replaced. Economic operators are now directly responsible for guaranteeing a reliable organisation, and can use two methods to request preferential tariff treatment: a declaration of origin made by an authorised exporter registered in the Rex system, or based on the "importer's knowledge".

The Rex system, launched in 2017, allows exporters to self-certify the preferential origin of products. Some trade agreements also allow for cumulation of origin, which considers processing in multiple partner countries, and some, like the one with Indonesia, may establish a diagonal cumulation area with other ASEAN countries.

Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at ilsole24ore.com →

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