CO is an important document that allows exporters to enjoy certain tax incentives and other preferential treatment.
Last year saw an increase of 18 per cent in the number of COs and a 28-per cent rise in export value year on year (YoY).
The country’s total trade revenue was $786.29 billion last year—up by 15.4 per cent YoY, with a trade surplus of $24.77 billion, a news agency reported.
Its exports expanded by 14.3 per cent YoY to $405.53 billion, while imports grew by 16.7 per cent YoY to $380.76 billion.
ALCHEMPro News Desk (DS)
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