Home > News > Industry News > CCPIT issued the first batch o.....

News

CCPIT issued the first batch of China - ASEAN FTA Certificate of Origin

  • Author:Dreamy F
  • Source:www.china-disposable.com
  • Release on :2016-09-05
With "along the way" Construction and China - the progress of negotiations on an upgraded version of CAFTA, August 26, China CCPIT Commercial Law Center successfully issued China - ASEAN Free Trade Certificate of Origin (FORM-E). This is the first batch of China CCPIT issued by the China - ASEAN Free Trade Area of the certificate of origin, the first of which a certificate of goods for the automotive parts, to the value of $ 69,697.57, for the enterprise is expected to be US $ 20,900 tariff reduction, tax cuts as much as 30 %.

It is understood that China - ASEAN Free Trade Area is a foreign country built the first and largest free trade zone in 2002 began early harvest program, fully completed in 2010, including trade in goods, trade in services, investment and economic cooperation and so on. On trade in goods with more than 90% of zero tariffs in the region.