Wenzhou Shoes Export To Singapore Will Enjoy Zero Tariff
Wenzhou is now exported to Singapore The products include auto parts, valves, footwear And small household appliances, according to the relevant agreement, starting next January 1st. Exit Products to enjoy zero in Singapore tariff The relevant industrial enterprises in Wenzhou can seize the favorable business opportunities and expand broader export space.
It is reported that the free trade agreement between the People's Republic of China government and the Republic of Singapore government will be formally implemented in January 1, 2009. With the full implementation of the free trade agreement between the two countries, bilateral free trade relations and economic and trade cooperation between China and Singapore will be promoted to a new height.
Singapore pledges to cancel all imports from China in January 1, 2009 tariff China will undertake to import 87.5% of its imports from January 1, 2009. Zero tariff And increased this proportion to 97.1% by January 1, 2012. Singapore is the first Asian country to sign a comprehensive FTA with China.
The agreement also stipulates that if a product is completed in China or Singapore, if the 40% additional value is made, it will be the product of the country and enjoy a tax preference under the new China free trade agreement. The China Singapore FTA certificate of origin will be opened in January 1, 2009. The export of Chinese products to Singapore will be subject to zero tariff on the China Singapore FTA certificate of origin.
In the long run, regional preferential trade arrangements will become the preferential preferential policies of origin for import and export enterprises in China.
Editor: vivi
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