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TradeWindow to issue Certificates of Origin under RCEP

Operational Update15 February 2022TWLIndustrials

MEDIA RELEASE
Preferential trade tariffs for Kiwi exporters a step closer as

TradeWindow approved to issue certificates of origin for

fourteen trading partners under the RCEP Agreement

16 February 2022

Auckland, NZ. Preferential trade tariffs promised as part of last year’s Regional

Comprehensive Economic Partnership (RCEP) Agreement are a step closer for New

Zealand exporters as TradeWindow has been recognised a as designated

certification body by NZ Customs Service to issue certificates of origin under the

enabling regulations for the Agreement.

RCEP, ratified by New Zealand in late 2020 came into force last month. It is the

world's largest free trade agreement (FTA), encompassing 15 countries, with 2.3

billion people that together account for US$12.7 trillion of trade in goods and

services, or around a quarter of total global trade

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.

The 11 countries already active under the agreement are Australia, Brunei

Darussalam, Cambodia, China, Japan, Lao PDR, New Zealand, Republic of Korea,

Singapore, Thailand and Viet Nam. Four further countries; Indonesia, Malaysia,

Myanmar, and Philippines are still in various stages of ratifying the agreement.

TradeWindow is an Auckland-headquartered software company that provides

digital solutions for exporters, importers, customs brokers and freight forwarders. This

week it is the first third-party to commence issuing New Zealand certificates of origin

for the countries now active in the RCEP trading bloc, after last month receiving

authorisation by NZ Customs under S435 of the Customs and Excise Act 2018.

TradeWindow Origin Ltd had existing authorisation to issue NZ Certificates of Origin

under the China and the AANZ FTAs.

TradeWindow CEO AJ Smith says the company is very pleased, as an authorised

certifier, to offer New Zealand exporters the opportunity to gain access to possible

preferential trade tariffs under the framework of the new agreement.

“It is exciting that RCEP is in now in play and we can work alongside exporters on the

front line of global trade to unlock the gains of this major new trading bloc for

hardworking New Zealand producers, manufacturers and marketers. This week has

seen our first RCEP certificates of origin going through for some of our best-known

exporters under this new trading framework,” says Mr Smith.

The certificates are offered through TradeWindow Origin Ltd, a fully owned

subsidiary of TradeWindow, on an a la carte basis, or through TradeWindow’s Prodoc

and Cube integrated digital trade platforms. TradeWindow listed on the NZX in

November last year.



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https://asean.org/rcep-agreement-enters-into-

force/#:~:text=JAKARTA%2C%201%20January%202022%20%E2%80%93%20The,world's%20largest%20free%20trade%20

area.


ENDS

About TradeWindow:

Founded in December 2018, TradeWindow is an NZX-listed software company that provides digital

solutions for exporters, importers, freight forwarders, and customs brokers to drive productivity, increase

connectivity, and enhance visibility. TradeWindow’s software solutions integrate to form a cohesive

digital trade platform that enables customers to more efficiently run their back-end operations, share

information and securely collaborate with a global supply chain made up of customers, ports,

terminals, shipping lines, banks, insurance companies, and government authorities.

www.tradewindow.io

Further information:

Piet de Jong, for TradeWindow communications

piet.dejong@baldwinboyle.com, +64 21 812 766

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