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    Asia Pacific Trade Agreement Effectively Boosted Laizhou'S Textile Exports To Korea

    2008/10/18 9:54:00 29

    Asia Pacific Trade Agreement Effectively Boosted Laizhou'S Textile Exports To Korea

    Business agencies in October 16th, Laizhou textile export enterprises make full use of the "Asia Pacific Trade Agreement" tariff preferential policy, actively organize the export of goods to expand exports, clothing exports to South Korea has been greatly increased.

    In the 1-8 month of this year, 131 batches of Laizhou textile products were exported to Korea, worth 1 million 350 thousand US dollars, up 322.58% and 325.76% respectively over the same period last year.

    Since the beginning of this year, the New Asia Pacific trade agreement has implemented a new round of tariff concessions. The scope of commodities and the scope of preferential treatment have been greatly expanded. The products that China enjoys preferential tariffs from India has expanded from 188 to 570 6 items. Korea has expanded from 227 6 items to 1367 10 items, and the largest preferential rate of clothing exported to Korea has reached 50%.

    A clothing company in Laizhou has made full use of the preferential tariff policy of the Asia Pacific Trade Agreement, and has expanded its clothing exports and benefited greatly.

    When the company first exported clothing to Korea last year, it applied for the first preferential certificate of origin of the Asia Pacific Trade Agreement. With this certificate, the garments were successfully granted tariff reductions and exemptions from the Korean customs, so that their Korean customers tasted the sweetness and established a long-term and stable trade relationship with the company.

    In the first half of this year, the company exported a total of 72 US dollars to South Korea for us $466 thousand and 800.


    (Jia Xiao)

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