It means the nationality of the item produced.
Ex.) It means the country in which an animal or a plant has been grown. It means the country in which
an industrial product has been manufactured and processed.
The reason why the country of origin is important in the FTA trade system
In essence, FTA is the agreement between both countries providing the tariff preferences only for the
FTA concluding countries. Hence, It is important to certify the country of origin of a product.
In FTA
FTA strictly specifies the requirements to decide the FTA country of origin so that only the product meeting the requirements
to decide the FTA country of origin out of the products produced in the agreement parties is provided with the benefit of reducing or abolishing
the import tariff.
The Country-of-Origin Approved Exporter System
In case of getting the certification of the country of origin according to the voluntary
application of an exporter in the system of the issuance by an agency, the submission of the
documents required to issue the certificate of the country of origin can be omitted with the evaluation
simplified right after the application for three years -> the system reducing time and cost
Approved exporter of each item
Target : The requirements of the exporter of the product produced in the country of origin of each item
out of the exporters not meeting the requirements of the approved exporter of each company
Requirements
Whether the requirements of the country of origin of each item are met
Designating and operation the person in charge of managing the country of origin
The duty of keeping information
The duty of providing the documents verifying the country of origin for cooperation