In collaboration with Pakistan Customs Authorities, the Trade Development Authority of Pakistan (TDAP) has structured an online Certificate of Origin (COO) repository system for accelerating the exports to China. With the help of this system, the Certificates of Origin will be issued under Electronic Data Exchange (EDE). The exporters can now apply online through their WeBOC User ID for obtaining the Certificates of Origin.
This online system is a significant step towards accelerating the exports and exchange of information between both the countries. With the help of this module, the authentic online verification facility will be provided to verify each and every COO issued by competent authority in the country of origin at the time of clearance of goods.
This new system will replace the current model, which is very expensive and ineffective. The current system takes months to verify the certificate of origin. In the new system, it would be possible for the customs to offer timely discounts on the eligible items under priority exports.
This new system will enable the TDAP to maintain preferential export data of active exporters in a focused manner for taking informed decisions. TDAP and Pakistan Customs Authority has held many seminars across the country for the awareness of the stakeholders. The authority has informed the stakeholders about the features of this new online system, which will reduce their expenses for trading within the certificates under the China–Pakistan Free Trade Agreement (CPFTA).
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After testing, this new system has been applied from November 28, 2016, on all the points that issue the certificates of origin. After launching this system for China, the TDAP has the plan to develop a website interface with the concerned customs authorities of the other export countries so that the COOs could be issued via a digital system rather than the current manual sign and stamp system.