WTO ANNOUNCES NEW RULES OF ORIGIN INITIATIVE TO HELP FIRMS BETTER UTILISE TRADE PREFERENCES

On 18th October, White & Case published a briefing saying that the WTO announced that it is partnering with the International Trade Centre (ITC) and WCO in an initiative which will enable businesses to take fuller advantages of benefits under free trade agreements and preferential trade arrangements by helping them comply with product rules of origin requirements.  A new tool, the Rules of Origin Facilitator provides businesses with free access to a unique searchable database on duty savings in trade agreements, and the corresponding rules of origin.  Users can search the tool by product name or product code, and access original documentation, including certificates of origin.  The tool is said to cover more than 300 agreements and applied by more than 190 countries, and the goal is to expand coverage to include not only all preferential schemes currently in force worldwide, but also to cover non-preferential rules of origin requirements.

https://www.internationaltradecomplianceupdate.com/2019/10/18/wto-announces-new-rules-of-origin-initiative-to-help-firms-better-utilize-trade-preferences/#page=1

https://findrulesoforigin.org/

This blog is primarily for my own use, to keep informed and up to date. However, if you would like to say thank you (and perhaps help me get a new, better laptop when I am away…) you can “buy me a coffee” at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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