Printer Friendly

Exproters making exprots to EU, Switerland, Norway asked to get registered under REX system.

ISLAMABAD -- Trade Development Authority of Pakistan (TDAP) has started the process of registering exporters into the Registered Exporter (REX) system and all exporters making exports to the EU, Switzerland, and Norway should get their companies registered under REX latest by December 30, 2017.

This was observed by Kamal Shahryar, Adviser, Strategic Planning and Research, TDAP while speaking at a seminar on REX system organized by TDAP in collaboration with Islamabad Chamber of Commerce and Industry at Chamber House.

He said that TDAP will stop issuing Certificate of Origin/Form-A for exports to the EU countries, Switzerland and Norway from January 1st 2018.

Only REX registered exporters will be authorized to issue 'Statement of Origin' for their export consignments destined for EU, Switzerland and Norway, he added.

He said for speedy registration into REX, exporters should send their REX application forms duly completed online using the pre-application process which was available at and lt;https://customs.ec.europa.eu/ and gt; rex-pa-ui/

Kamal Shahryar said that EU has introduced a new system for issuance of Certificate of Origin (COO) by beneficiary countries from 1st January 2017 to cover exports under the EU-GSP preferential tariff facility.

He said the REX system will enable Pakistani exporters to issue the COO on their own as 'Statement of Origin' (SOO) upon their registration into EU's REX database through TDAP.

He said the REX system did not impact the rules for determining the origin of goods, it only concerned the method to certify the originating status of goods.

He said Pakistan was required to completely switch over to the REX system by the end of Dec: 2017 and all exporters should get registered into REX to avoid problems in making exports to the EU countries from January 2018.

Speaking at the occasion, Sheikh Amir Waheed, President, Islamabad Chamber of Commerce and Industry hoped that REX system would facilitate the exporters in further improving exports with EU under GSP Plus regime.

He said that more awareness seminars on REX system should be organized across the country so that maximum exporters could take benefit from it.

He said that sudden hike in regulatory duty on imports has created many problems for the commercial importers and industrialists.

He said RD has been imposed on many items that were being imported as raw material for manufacturing goods and stressed that government should rationalize RD on imports in consultation with private sector to save the domestic industry from any further problems on this account.

COPYRIGHT 2017 Asianet-Pakistan
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2017 Gale, Cengage Learning. All rights reserved.

 
Article Details
Printer friendly Cite/link Email Feedback
Publication:Balochistan Times (Baluchistan Province, Pakistan)
Geographic Code:4EXNO
Date:Oct 31, 2017
Words:469
Previous Article:Third Universal Periodic Review Report to present in HRC on Nov 13.
Next Article:CCAC to meet on Wednesday for second estimation of cotton crop volume.
Topics:

Terms of use | Privacy policy | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters