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    Textile Exports To Switzerland, Iceland Enjoy Zero Tariff

    2014/7/9 15:58:00 13

    TextilesExportZero Tariff

    Since July 1st, China's foreign trade enterprises have exported to Iceland and Switzerland goods, with the certificate of origin issued by the inspection and quarantine agency in the Sino ice and Sino Swiss free trade agreement. They can enjoy tariff reduction and exemption from free trade zones. Most export goods can enjoy zero tariff treatment, including textile and textile export customs clearance will become more convenient. According to the insiders, in the future, textile exporting enterprises should grasp the opportunity in time, take the initiative to understand the latest preferential policies of the ice free trade agreement, grasp the mode and scope of tax reduction for related products, make full use of the certificate of origin to reduce their own cost, adjust the export market structure and product mix in a timely manner, and improve the competitiveness of products.


       textile Export clearance is more convenient.


    In order to improve the level of trade facilitation and reduce the cost of enterprises, according to the notifications of the State Quality Inspection Administration (qqsiq), since July 1st this year, foreign trade enterprises have exported to the related products of Iceland and Switzerland. With the certificate of origin of the China and China free trade agreements issued by the inspection and quarantine agencies, the tariff reduction and exemption of the free trade area can be enjoyed. Most of the export goods can enjoy zero tariff treatment, and the export clearance of goods will be more convenient.


    It is understood that Sino ice FTA It is the first FTA agreement signed between China and European countries. The Sino Swiss FTA is one of the highest and most comprehensive FTA agreements China has reached in recent years, and the zero tariff rate of trade in goods is quite high. The Iceland free trade agreement and the China Swiss free trade agreement were implemented in July 1st this year. Since the entry into force of the Iceland FTA, tariff reductions for all industrial products and most agricultural products imported from China will account for 99.77% of the total exports from China to Iceland. Switzerland will immediately exempt the tariffs on China's 99.7% export commodities. China will impose a zero tariff on the Swiss side 84.2%, and if combined with some tax reduction products, the proportion of products that Switzerland will give tax cuts will reach 99.99%. Rui Fang's tariff reduction products to China include all industrial products and most agricultural products. In terms of industrial products, Rui Fang's textile products, clothing, shoes and hats, auto parts and metal products to China's tax reduction are larger. China's tariff reduction products to Rui Fang mainly include metal products, machinery parts, household appliances, some watches, precision instruments and fine chemicals, coffee, cheese and so on. "After that, China's textile exports to Iceland and Switzerland will be more convenient, which is a good policy for textile export enterprises. This policy not only reduces the cost of textile exports, but also improves the competitiveness of export products. Although the quantity of textiles exported to Iceland is not large, this policy will increase the number of textile exports to Iceland. " The person in charge of a textile export company in Ningbo said.


    Reporters learned that the Sino ice free trade zone negotiations began in December 2006. After 6 years of negotiations, the two sides formally signed the China Iceland free trade agreement in Beijing in April 15, 2013. According to the agreement tariff reduction scheme, the two sides will gradually impose zero tariffs on nearly 96% of the tax items. According to the calculation of bilateral trade volume in 2012, the total trade volume of zero tariff products between the two sides was 96.23% and 100% respectively. China's tariff concessions to ice producers include frozen Greenland bighead sole, frozen sea cucumber, frozen Haddock and other aquatic products and other agricultural products and industrial products. tariff The reduced products include all industrial products and most agricultural products.


       The competitiveness of export products has been gradually enhanced.


    Reporters learned that in addition to the certificate of origin issued by the FTA, the Sino Swiss free trade agreement between China and Switzerland also increased the declaration of origin in the form of a written proof of preferential tariff policy. Where an approved enterprise can apply for the issuance of the certificate of origin, it can also enjoy preferential tariff treatment by declaring the origin of the goods by itself.


    Insiders said that at present, China still has comparative advantages in the export of labor-intensive products such as textiles and its raw materials, furniture, toys, footwear, umbrellas and other light industrial products. Denmark, Turkey, Vietnam and other countries are the main competitors in China. In the future, in order to further expand the international trade market, textile export enterprises should grasp the opportunity in time, take the initiative to understand the latest preferential policies of the ice free trade agreement, grasp the mode and scope of tax reduction for related products, make full use of the certificate of origin to reduce their own cost, adjust the export market structure and product mix in a timely manner, and improve the competitiveness of products.

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