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EU: Mongolia added to list of countries, registered exporter system (REX) www.kpmg.com
The European Commission today added Mongolia to the list of countries under the EU’s registered exporter system (the REX system).
The REX system:
Concerns certification of origin of goods that applies in the Generalised System of Preference (GSP) of the European Union since 1 January 2017
Is based on a principle of self-certification by economic operators that will complete themselves “statements on origin”
To be entitled to complete a statement on origin, an economic operator must be registered in a database by the appropriate competent authorities. With this, the economic operator can become a "registered exporter.” Progressively, the REX system will also be applied in the context of bilateral trade agreements between the EU and partner countries.
Published Date:2020-01-07
