EU To Reduce Preferential Tariff Rates Of Origin
Japan Chemical Fiber Association "industry news" reported that since January 2011, European Union The preferential tariff system (GSP) was applied to the place of origin. rule Revision. In the field of fiber products, the origin standard of developing countries (LDC) has been reduced.
At present, knitted garment (hs61), cloth and clothing (hs62) need to carry out two processes (weaving / weaving + sewing) in the beneficiary country to reach the origin standard.
henceforth
We only need to sew a project in the beneficiary country to achieve the origin standard and become the object of preferential tariff (zero tariff).
This measure will promote the development of China with weak textile production and export to the European Union.
Now, developing countries that export more to the EU include Bangladesh and Kampuchea.
(A05)
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