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[China - Chile FTA upgrade a variety of goods will enjoy real-time zero tariffs]
Release date:[2018/1/5] Read a total of[1028]time

On the 4th from the Guangdong Exit Inspection and Quarantine Bureau, the reporter learned that the Protocol to Upgrade China-Chile Free Trade Agreement (hereinafter referred to as "Upgrade") was officially signed in November 2017 and is expected to be implemented within this year. Both sides will continue to expand market opening on the basis of a high level of liberalization of the original free trade agreement. As a result, the proportion of the total zero-tariff products will reach about 98% and will become the highest free trade agreement in China so far.


After the upgrade comes into effect, Chile will cancel tariffs on 24 products such as home appliances, textiles and clothing immediately from China, and China will export about 4 million U.S. dollars to Chile each year. The related products will be reduced from zero to zero tariffs directly from the current 6% import tariffs, which will greatly enhance their competitiveness in the Chilean market and help export enterprises to further tap the emerging markets of Chile and South America and transform the advantages of free trade agreements into the advantages of enterprises in expanding exports .


It is reported that the upgraded version of the rules of origin has been optimized and improved the implementation of the relevant procedures for the use of China-Chile free trade agreement preferential policies to provide more convenience. First, the origin of the standard more relaxed. In the case of dissatisfaction with tax classification changes, the standard of "small content" of export products should be relaxed from not more than 8% to 10% of the original non-raw material composition; and the simplified "origin goods", "package goods" Representations, as far as possible consistent with other existing new agreements. Second, the certificate bid and use more convenient. Allowing the replacement of origin certificate and re-issued, breaking the original certificate of the bidding time is 30 days before and after the goods shipped restrictions; goods in preferential tariffs, to meet the "rules of transport" when the relevant provisions may be exempt from transit to the customs Issued by the transit certification materials to solve the transit to the reluctance of the customs authorities to issue supporting documents; allow the use of electronic certificate of origin, to facilitate the transfer, use and preservation, and can use a copy of the certificate. Third, the certificate content is set more perfect. Cancel the filling of the invoice amount, and solve the problem that the bidding enterprises can not obtain the amount due to the third party's confidential requirements; increase the "WP" standard and change the "P" standard to "WO" to classify the origin of products more accurately And description.


China-Chile FTA is the first free trade agreement between China and Latin American countries. Since its implementation in October 2006, the China-Chile Free Trade Agreement has led to the rapid development of bilateral economic and trade relations. According to statistics, in 2014, Guangdong Exit Inspection and Quarantine Bureau issued 54,600 certificates of origin for the China-Chile Free Trade Agreement and the number of visas reached 2.182 billion U.S. dollars, which provided Chilean enterprises with import tax relief of about 131 million U.S. dollars.


Upgrading 24 tariffs immediately reduced to zero products involved in home appliances, textiles and clothing and other export advantages of Guangdong products, enterprises using the preferential tariffs origin has a huge potential.


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