Local exporters are not required to produce a certificate of origin (CO) at Cambodian customs if the document is not required by authorities in the destination country.
The exemption is part of a directive issued by the Ministry of Commerce and the Ministry of Economy and Finance this week.
If the CO is not presented, however, exporters must send a notification letter with the details of the shipment to the Ministry of Commerce 30 days before the goods are exported. The information will be used for statistical analysis, the directive said.
It also calls on exporters selling goods under the European Union’s Everything-but-arms (EBA) scheme or the Generalised System of Preferences of Norway, Switzerland and Turkey to apply to be included in the Registered Exporter System (REX). Starting today, registering with REX will allow companies to ship goods abroad using a statement of origin instead of the ‘form A’ of the certificate of origin, according to the directive.
The REX system is based on the principle of self-certification. By joining the system, companies become ‘registered exporters’, which allows them to issue their own statements of origin.
“Registration with REX will reduce costs and save time for exporters. Accordingly, the ministries call on all companies that export to the EU under the EBA scheme, or to New Zealand, Switzerland, and Turkey under the GSP scheme, to register with REX,” the directive read.
Chan Pich, general manager of Signatures of Asia, told Khmer Times that his company is already preparing an application to join REX.
“I am happy that the government released this directive as it will help exporters,” Mr Pich said.
Companies that wish to join REX must meet several requirements. They must be registered as a company in Cambodia, and they must not be filing for bankruptcy or be included in the government’s blacklist at the time of application. Exported goods must meet CO requirements.
Registration with REX will be free-of-charge until June 30, 2020, according to the directive.