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[SHINHAN FLASH] Over 7,200 C/O issued in first month of implementation of EVFTA
Name : SHINHAN 2020.09.07

Over 7,200 C/O issued in first

 

month of implementation of

 

EVFTA

 

More than 7,200 sets of certificates of origin (C/O) of the EUR.1 form

 

were granted to Vietnamese products worth a total of US$277 million,

 

allowing them to export to 28 EU countries, a month since the coming into effect of the EU-Vietnam Free Trade Agreement (EVFTA).

 

According to the Ministry of Industry and Trade (MOIT), in the month since

 

the coming into effect of the agreement from August 1 – 31, the authorized agencies issued over 7,200 sets of C/O to eligible Vietnamese products

 

allowing them ship to the EU.

 

The items granted C/O of the EUR.1 form are mainly in relation to footwear, seafood, plastic products, coffee, textiles, bags, suitcases, vegetables, and

 

rattan and bamboo products, amongst others.

 

Most import markets are countries with seaports and transshipment centers in the EU including Belgium, Germany, Netherlands, France, and the UK. In

 

particular, many shipments have arrived in the EU market, been cleared and are enjoying preferential treatment.