RCEP Certificate of Origin: Consolidated Guidelines and Export Opportunities for Entrepreneurs

2023-06-15 09:02:00

The Department of Foreign Trade reveals that the RCEP has been applied to all 15 member countries and has released a new announcement. Consolidate all 6 notifications related to the issuance of the Form RCEP Certificate of Origin into one single document. facilitating entrepreneurs Recently, RCEP rights have been exercised to export more. The reason for the rules of origin of the product is easier than other FTAs, with the balance from 1 Jan. 22-31 Mar. 23, totaling 1,299 million US dollars. overwhelming lubricant Followed by canned tuna. cassava, durian

Mr. Ron Ron Poonphiphat, Director-General of the Department of Foreign Trade, revealed that the Regional Economic Partnership Agreement (RCEP) has now fully applied to all 15 member countries. After the latest on June 2, 2023, the past has come into force with the Philippines. which is the last country Previously effective for 13 countries from January 1, 2022, namely Brunei, Cambodia, Lao PDR, Singapore, Thailand, Vietnam, Australia, China, Japan, New Zealand, South Korea, Malaysia and Myanmar and on January 2. 2023 applicable to Indonesia

In order to support the issuance of the Certificate of Origin (C/O), the Department has issued a new announcement. All 6 Form RCEP certificates of origin have been compiled into one document. and maintain the essence of various criteria As previously stated by the agreement In order to facilitate entrepreneurs in searching and referring to various criteria Related Whether it is a list of 15 member countries of the RCEP agreement, rules of origin and rules of origin for specific products (Product Specific Rules: PSR) in accordance with HS 2022, procedures for obtaining a Certificate of Origin Form RCEP and a picture. form of Form RCEP, etc.

Regarding the use of FTA rights in exports, it was found that Thai entrepreneurs increasingly opted for RCEP because of easier rules of origin for products such as canned tuna. It has relaxed the rules of origin of goods more than other FTAs, allowing the fish to be imported from any country. even outside the party And entrepreneurs can also collect raw materials that originated from members as raw materials of Thailand.

As for the results of using RCEP trade privileges from January 1, 2022 to March 31, 2023, it is worth US$ 1,299 million. The Thai export products that received the most rights were lubricants, valued at 642 million US dollars. Canned tuna worth $155 million Cassava chips worth $85 million, fresh durian worth $51 million, lenses, prisms, mirrors and other optical objects. For cameras, projectors or amplifiers Or shrink a photograph worth $ 40 million. It was exported to South Korea, Japan and China respectively.

Regarding the application for RCEP trade privileges, there are currently 2 forms: the application for the RCEP form that entrepreneurs must pick up at the Department of Foreign Trade. and self-certification of product origin by an authorized exporter (Approved Exporter) that the operator will proceed in accordance with the criteria set forth in the Notification of the Department of Foreign Trade on Self-Registration and Certification of Origin. According to the Regional Economic Partnership Agreement B.E. 2564 dated 9 Dec. 2021

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