Search Result for : Gsp

The Dollar Business Bureau The EU was the largest destination of exports for Philippines in March this year. The latest statistics by Philippine Statistics Authority (PSA) revealed that exports to European Union member countries, with 16.2% share to total merchandise exports amounted to $901.24 million.  It rose by 56.2% from $577.04 million recorded in March 2016. What was even more interesting was that the export numbers of Philippines to EU for that month overtook those of US which was $809.93 million and Japan $762.43 million. Several factors contributed to the increase in trade numbers. A strong EU economy and its rising demand saw an increase of 1.9%, a rise in the agri-food sector exports backed by the EU’s Generalised Scheme of Preferences (GSP) that allows ...

The Dollar Business Bureau Earlier in the 2nd week of Dec the Ministry of Commerce had floated a new provision for exporters exporting to the EU called 'self registration'. Under this provision an exporter can self certify the rules of origin of his product under the Registered Export System (REX) which would be in place from Jan 1, 2017. Exporters with a REX number will be able to self certify the Statement on Origin of their goods being exported to EU under the GSP (Generalised System of Preferences) Scheme. The registration on REX is without any fee or charges and this system would eventually phase out the current system of issuance of Certificates of Origin, which was a process that was plagued ...

Himanshu Vatsa | The Dollar Business Indian exporters on Tuesday cheered the US government’s decision to extend its duty waiver scheme meant for certain category of imports from India and other developed countries. According to the US Customs and Border Protection (CBP), the Generalized System of Preference (GSP) programme has been reauthorised for another two and a half years beginning July 29, 2015. And US importers can claim refund against duties paid on products that are covered under the GSP. The scheme was launched in 1976 to promote growth in developing countries and encourage import of certain goods which are not produced in the US. As per the scheme, certain products are eligible for duty-free access to the US market if sourced ...

List of Agencies Authorized to issue Certificate of Origin[Preferential] SlNo Name of the Agreement Authorized Agencies 1 GlobalSystemOf TradePreferences(GSTP) (i) Export Inspection Council(EIC)-for allgoods(ii) Marine Products Export Development Authority (MPEDA)-forMarineproducts(iii) Tobacco Board forTobacco products 2 India SriLankaFree TradeAgreement (ISLFTA) (i) Export InspectionCouncil(EIC)-for allgoods(ii) Marine Products Export Development Authority (MPEDA)-forMarineproducts 3 ASEAN-India Free TradeAgreement (ASEAN-India FTA) (i) Export InspectionCouncil(EIC)-for allgoods(ii) Marine Products Export Development Authority (MPEDA)-forMarineproducts 4 India-Korea ComprehensiveEconomic     Partnership     Agreemen(IKCEPA) ((i) Export Inspection Council(EIC)-for allgoods(ii) Marine Products Export Development Authority (MPEDA)-forMarineproducts 5 India-MalaysiaComprehensive Economic    Cooperation    Agreemen (IMCECA) (i) Export InspectionCouncil(EIC)-for allgoods(ii) Marine Products Export Development Authority (MPEDA)-forMarineproducts 6 India-Japan ComprehensiveEconomic     Partnership     Agreemen(IJCEPA) (i) Export InspectionCouncil(EIC)-for allgoods(ii) Marine Products Export Development Authority (MPEDA)-forMarineproducts(iii) TextilesCommittee–for textilesandmadeups 7 India-AfghanistanPreferentialTradinAgreement (India-AfghanistanPTA) ((i) Export InspectionCouncil(EIC)-for allgoods(ii) Marine Products Export Development Authority (MPEDA)-forMarineproducts 8 South AsiaFree Trade Area(SAFTA) ((i) Export Inspection Council(EIC)-for allgoods(ii) Marine Products Export Development Authority (MPEDA)-forMarineproducts 9 India-Chile      Preferential       TradinAgreement (India-Chile PTA) (i) ...