TradeWindow to issue Certificates of Origin under RCEP
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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