Using importer’s knowledge to claim preferential treatment: a gift or a trap?
Jessica Yang Director, JY XBorder Consulting Ltd
CCRM Journal for Practitioners in Europe, Issue 7, February / March 2021
February 25, 2021
Photo by Freddie Sze on Unsplash
Trade agreements have their own unique rules of origin to determine whether something has preferential origin. They also each have their own rules on how preferential origin should be evidenced. This can be confusing when a business is using multiple trade agreements. The focus of this article is on a particular method of evidencing preferential origin: importer’s knowledge. This is a relatively new concept in the EU, first appearing in the EU-Japan Economic Partnership Agreement, replicated in the UK-Japan Comprehensive Economic Partnership Agreement (CEPA) and now contained in the EU-UK Trade and Cooperation Agreement.
- Topic: origin of goods: non-preferential, preferential
- Market: EU - European Union , UK - United Kingdom of Great Britain and and Northern Ireland , JP - Japan
- Copyright of the journal: Lithuanian Customs Practitioners Association