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Mechanics of Exporting Certificates of Origin presented by Amanda Barlow USCIB Export Expo December 10, 2013 USCIB Trade Services
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What are Certificates of Origin (COs)? USCIB Trade Services
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Certificates of Origin (COs) International trade document Confirms origin of goods being exported Required third party verification of Origin: Geneva Convention 1923 Two types : Non-Preferential: standard rules of origin and duty Preferential: Free Trade Agreements USCIB Trade Services
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Why are COs needed? May be required by customs authority of the importing country: Preferential duty rate Standard import requirement for entry May be required by a financial institution to comply with the terms of payment Letter of Credit Bank Payment Obligation USCIB Trade Services
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Demystifying COs COs DO NOT need to be notarized NOR do they need a raised seal May be issued for goods of non-U.S. origin Multiple origin on one CO is acceptable Paper forms are NO LONGER the only way to present a CO Third party endorsement required FTAs: NAFTA and KORUS USCIB Trade Services
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Why USCIB eCOs? Trusted provider of export documents for over 40 years: ATA Carnet Strong international recognition and trade documentation network Active member of the World CO Task Force Compliant with the CO Guidelines of the International Chamber of Commerce: Standard UN layout Third party verification Applicant authentication USCIB Trade Services
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Why USCIB eCOs? Full electronic processing and delivery Eliminate messenger costs and administration costs Reduce errors Provide fast turnaround Types of origin verification Made in USA Exporting non-U.S. products Global supply chain Forwarders, brokers and agents can apply USCIB Trade Services
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How To Get Your eCO Online applications only: www.CertsOfOriginUSA.org U.S. corporations with Federal ID numbers eCO applications must be accompanied by a commercial invoice We will certify additional documents that support the CO Supply supporting documentation for a CO one of two ways USCIB Trade Services
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Contact THANK YOU Amanda Barlow Director, Marketing Carnet and Trade Services Department abarlow@uscib.org or 212.703.5078 www.CertsOfOriginUSA.org USCIB Trade Services
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