2009年4月9日木曜日

Vietnam back-to-back CO in AJCEP

According to the announcement by Japanese METI on April 8th, Vietnam have limitation of issuance of back-to-back C/O (Country of Origin) in AJCEP, which was implemented in Dec 01, 2008.

Same manner as ordinary C/O, Vietnam's Ministry of Industry and Trade (商工省) have authority to issue AJCEP C/O.

In issuing back-to-back C/O by Vietnam, trader need to understand the commodities must be under control of Vietnam customs. For example, the commodities under bonded area or EPA (Export Processing Zone) are OK to issue back-to-back C/O, but if they are after import customs declaration, Vietnam authority will NOT issue back-to-back C/O, according to the announcement.

This could be operational limitation of making use of back-to-back C/O. For Japan, back-to-back C/O system is first time to handle in AJCEP, the operational guidance or information of back-to-back C/O is not enough so far.

(Source: METI web site http://www.meti.go.jp/policy/trade_policy/090408AJCEPannouncement.pdf - Japanese only)

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