The Escalation Of China Chile FTA Will Eliminate Tariffs On 24 Products, Such As Household Appliances, Textiles And Garments.

World clothing shoes and hats, China Chile Free Trade Agreement upgraded

"This year, the two sides will continue to expand the market opening on the basis of the high level liberalization of the original FTA, and the total zero tariff products will reach about 98%.

In January 4th, the reporter learned from the Guangdong inspection and quarantine bureau that after the entry into force of the "upgraded version" agreement, Chile will immediately cancel tariffs on 24 products, such as household appliances, textiles and garments, and the related products will be directly reduced to zero tariff from the current 6% tariff. This will greatly enhance their competitiveness in the Chilean market, and help export enterprises to further develop new markets in Chile and even in South America.

"Compared with the old version, the upgraded version has optimized the rules of origin and improved relevant implementation procedures, providing more convenience for enterprises to make use of China Chile Free Trade Agreement preferential policies."

According to the Guangdong inspection and quarantine expert explained that the upgraded version of the

The origin criteria are more relaxed.

Without changing the classification of tax provisions, the standard of "tiny content" of export products should be relaxed to 10% from the original raw material composition of no more than 8%; simplify the formulation of terms such as "original goods" and "complete goods", and try to be consistent with other existing agreements.

At the same time, it is more convenient for enterprises to apply for certificates and make use of them.

Allowing the issuance and reissuance of certificates of origin to break through the original time limit for bid application is 30 days before and after shipment. When applying for preferential duties, the goods can be exempt from the pfer certificates issued by the pit customs when they meet the relevant provisions of the "direct pport rules", so as to solve the difficulties that the pit customs is unwilling to issue the supporting documents, and allow the use of certificates of electronic origin to facilitate the pmission, use and preservation of enterprises, and the use of certificate copies to customs clearance.

In addition, the certificate content settings are more perfect.

The cancellation of the invoice amount is to solve the problem that the bid company can not get the amount due to the third party confidentiality requirements; to increase the "WP" standard and to modify the "P" standard to "WO", and to classify and describe the origin of the product more accurately.

It is reported that the China Chile FTA is the first FTA signed by our country and Latin American countries. Since its formal implementation in October 2006, the Sino Chile bilateral economic and trade relations have been developing rapidly.

According to statistics, in 2017, the Guangdong inspection and Quarantine Bureau issued 54 thousand and 600 certificates of origin for the Sino Chile Free Trade Agreement, with a visa amount of US $2 billion 182 million, which could provide enterprises with a tariff relief of about $131 million for Chile.

"Upgraded version of the 24 tariff dropped to zero immediately related to household appliances,

With the advantage of Guangdong's export products, enterprises have great potential to use preferential tariff policies of origin. "

However, the inspection and quarantine department reminds export enterprises to pay close attention to the implementation of the upgraded version, to apply for the certificate of origin in time, and to enjoy the dividend policy of the FTA.

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