"The Registered Exporter System (the REX System) is the system of Certificate of Origin of Goods that applies to the Generalized System of Preference (GSP) of the European Union and observance of the same is mandatory for all exporters to the European Union countries."
Kamal Shahryar, Consultant TDAP stated this while addressing a seminar on REX System held on Tuesday at the conference room of Rice Exporters Association of Pakistan (REAP), Lahore. The seminar was organized under the auspices of Trade Development Authority of Pakistan (TDAP), Lahore.
Highlighting the main features of REX System, Kamal said that this system is based on the principle of self certification by economic operators who by themselves will be able to make out "Statements of Origin". To be eligible to make out the Statement of Origin, an economic operator will have to be registered into the EU data base by TDAP, Kamal added that the REX System will progressively and completely replace the current System of Origin Certification based on Certificates of Origin issued by TDAP.
Director General TDAP Lahore Riaz Ahmed said that TDAP is endeavouring to support and facilitate all the business stakeholders in updating their knowledge regarding the Rex System so that they could be able to make their businesses in line with the global business requirements.
Being the premier trade organization in the country, we at TDAP are striving to help enhance the country's trade through assistance and awareness like these programs for the entrepreneurs. A large number of exporters attended the seminar. Director, TDAP Muhammad Irfan thanked the participants for taking part in this seminar which he said, was aimed at apprising the participants for their future course of action regarding their business consignments to European countries.
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