Switzerland-China FTA: “Approved Exporters” Can Provide Data Electronically Too

by swisscham in Business

At its meeting today, the Federal Council approved the memorandum of understanding between the customs administrations of Switzerland and China on data submission. With the entry into force of the free trade agreement between Switzerland and China on 1 July 2014, it will thus be possible for the submission of data to the Chinese customs administration required under the agreement to be performed electronically too in the case of so-called “approved exporters”. The free trade agreement between Switzerland and China provides that “approved exporters” may draw up declarations of origin as customs certificates of preference. “Approved exporters” are exporters to whom the customs administration has granted the right to attach declarations of origin to their commercial documents. The declarations of origin must contain serial numbers, which must be notified to the other customs administration separately. Both customs administrations have agreed that this information will also be submitted electronically, which significantly reduces the burden for companies and customs agents. The amount of data submitted in this way will not exceed the amount presented to customs authorities in hard copy during import assessments.

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Your Swiss Business Platform in China

SwissCham China has roughly 600 company members. Our Chamber maintains a strong relationship with the Embassy of Switzerland, Swiss Global Enterprise, Swissnex and Switzerland Tourism. As the representative of the Swiss companies established in China, our goal is to help you to increase your business and visibility, especially amongst the Sino-Swiss business community.

Become A Member

Sign Up For Our Newsletter

  • This field is for validation purposes and should be left unchanged.
October 14, 2021
Published By prnasia.com in Business
October 13, 2021
Published By global.chinadaily.com.cn in Bank / Finance / Insurance
October 7, 2021
Published By reuters.com in Engineering / Manufacturing
September 28, 2021
Published By s-ge.com in Business
September 18, 2021
Published By Consulate General of Switzerland in Guangzhou in Bilateral Relations