Exporters are enjoined to register in the Registered Exporters ‘REX’ system to enjoy preferential tariffs from the European Union. Acceptance of application to REX was extended only until 30 June 2020.
The EU REX is a self-certification of origin system that replaces the Certificate of Origin (CO) Form A. The said form will no longer be accepted under the EU Generalized System of Preferences (EU-GSP) as a basis for country of origin.
Accordingly, exporters may proceed their application by filling out electronically thru https://customs.ec.europa.eu/rex-pa-ui/#/create-preapplication/. Further guidelines for registering are stated under the CMO 50-2019. Accomplished applications duly recognized by the competent authorities (Export Division/Unit) shall be assigned with a REX number within seven (7) working days.
Compliance with the REX system will avail the benefits under the EU GSP program, for which the Philippines was granted under EU GSP+, that allows exporting over 6,000 categories of goods duty-free to the EU nations.
Hence, this opportunity will help the exporters’ market capability to grow and robust their trade relation towards the EU market, a potential avenue to increase export revenue and diversify export goods, that would assist in mitigating trade losses due to the COVID-19 crisis. –MRJ