CargoWise now produces Certificates of Origin documentation for ChAFTA exports from Australia to China.             

What is ChAFTA?

ChAFTA is short for the China-Australia Free Trade Agreement. It was a trade agreement signed between the 2 economic powerhouses on the 20th of December 2015 which has greatly improved trade between the 2 countries by eliminating tariffs on the vast majority of goods moving between them. 

Only goods that originate in either China or Australia are eligible for the preferential tariff rates. A ChAFTA Certificate of origin is a document that confirms that the goods originated in Australia or China in accordance with the provisions of the China-Australia Free Trade Agreement.

What are the ChAFTA Preferential Rules of Origin?

ROO which stands for ChAFTA Preferential Rules of Origin are agreed criteria used to ensure that only goods originating from Australia and China end up getting the preferential treatment under the agreement. One of the main aims of these rules is to prevent goods from a 3rd party transshipping through Australia or China to take advantage of the FTA.

Any imports into Australia or China that do not comply with the ROO will be subject to the general MFN rate of duty.

Continue reading How ChAFTA benefits trade between Australia and China? at Soft Freight Logic.

• CargoWise
• Case Study
• Industry
• Leadership
• Press Releases

HOME

Continue reading CargoDoc Webinar 01: Data Automation for CargoWise Companies at Soft Freight Logic.