Asean Trade In Goods Agreement Atiga

Within ATIGA, the concept of accumulation applies to the rules of origin of the agreement. Unless a product is on ATIGA`s list of 2000 products with specific requirements, exporters and producers have the opportunity to apply either the regional value test or the modification of the tariff classification test: the vast majority of trade agreements include rules of origin designed to prevent third parties from facing the sacrifices these parties to the agreements have made. These rules determine who can claim the benefits of a particular agreement and under what circumstances those parties can do so. (i) whether the goods have a regional value of at least 40% – determined by one of the two methods described in the infographic below. The de minimis principle allows products that do not have original products and are unable to meet their relevant changes to tariff classification requirements to receive preferential tariff treatment under specific conditions. Some products may be considered to originate from ATIGA if: at present, the ASEAN Convention on Trade in Goods (ATIGA) – ASEAN`s main agreement on reducing regional tariffs – contains a number of criteria used to determine the country of origin of a product, as well as guidelines for determining whether or not certain products benefit from preferential tariff treatment. The introduction of the AEC and the increasing harmonisation of regional standards do not allow us to estimate the importance of regional supply chains. Ongoing progress towards regional integration is expected to continue, further reduce trade barriers and reduce the impact of compliance on businesses across the region. While ASEAN`s outlook is optimistic, success will ultimately depend on the ability of market participants to understand and seize the opportunities offered by agreements such as the ASEAN trade agreement. Dezan Shira Associates employs qualified professionals with long experience in entering the market and starting businesses and is uniquely positioned to help companies maximize their business and grow throughout the region. Under ATIGA, products are considered to originate from the Member State in which the goods were processed or processed. This is determined by compliance with at least one of the following conditions: (ii) if all non-native materials used in the manufacture of products have undergone a change in the four-digit tariff classification (HS headers) – see introduction for more information.

The ATIGA guidelines use the Harmonized System (SH) of the Tariff Classification as a means of clarifying product differences and setting standards that certain products must meet. Under the HS system, products are subdivided into the following areas: under ATIGA, products classified as «original products» have been qualified for tariff reductions. Previous article «The RCEP negotiations are entering a critical phase – It is likely that the end of the year will be in force Given the considerable reduction in tariffs between ASEAN members and the constant harmonisation of regulation by the ASEAN Economic Community, regionally oriented value chains have increased considerably in terms of profitability. For those considering such investments, it is important to understand not only negotiated tariff reduction plans, but also the conditions under which exports and imports can benefit from reduced rates. In the Export Member State, the article is deemed to be fully preserved or manufactured: Editor`s Note: This article was first published on 7 March 2016 and will be updated on 2 October 2018, in line with the latest developments.

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