The REX system (Registered Exporters) - part of the New European Union Customs Code and a key point for companies wishing to export to the world by cutting import duties
With a view to the definitive entry into force of the 'EU-Canada Free Trade Agreement (already approved by the European Parliament but slammed for Canada's slowdowns), the European Commission has published the procedure to be followed in order to benefit from the liberalization of duties.
In the text of the CETA agreement, contrary to the case of most free trade agreements, there is no reference to the EUR 1 movement certificate which can not therefore be used in trade with Canada. Products of preferential origin must be accompanied by a declaration of origin and, in the case of exports exceeding EUR 6.000, the exporter must be registered in the REX database. The exporting company must therefore:
- request REX registered exporter number through the appropriate form to be sent to the competent customs offices;
- receive the REX registration number to be indicated in the "source declaration" that must be attached to the descriptive commercial documents of the product.
Further information on trade relations and EU-Canada customs cooperation is available at link