Cambodia’s commerce ministry this week asked exporters to join the European Union’s (EU) Registered Exporter (REX) system by the year end and gain access to the ‘Everything But Arms’ (EBA) agreement and the generalised system of preferences (GSP) schemes from Norway, Switzerland and Turkey. This is needed to avoid losses in preferential trade privileges.
REX is a system of self-certification of origin of goods and has been available since January 1, 2017, under the EU’s GSP.Cambodia's commerce ministry this week asked exporters to join the European Union's (EU) Registered Exporter (REX) system by the year end and gain access to the 'Everything But Arms' (EBA) agreement and the generalised system of preferences (GSP) schemes from Norway, Switzerland and Turkey. This is needed to avoid losses in preferential trade privileges.#
Despite three prior announcements, the ministry noted that “a lot of companies that export to the EU, Norway, Switzerland and Turkey have not been registered”, according to a report in a Cambodian newspaper.
In October, Garment Manufacturers Association in Cambodia (GMAC) chairman Van Sou Ieng said not many of GMAC’s member exporters had registered under the REX system since the ministry’s initial announcement on December 31 last year. He said registration would save them time and money.
After the deadline, the EU will no longer accept the Certificate of Origin issued by the ministry of commerce, Sou Ieng added.
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