Guizhou Province in China issued its first export certificate of origin under the China-Ecuador FTA for Guizhou Tyre Co., Ltd.
Guizhou Province in SW China issued its first export certificate of origin under the China-Ecuador FTA. Guizhou Tyre Co., Ltd. received the certificate for rubber tyres worth around 529,000 yuan (US$74,460). With the certificate, the company will receive a tariff concession of 4,758.4 yuan, as the tariff rate was reduced from 15% to 14.1% following the FTA's official commencement on May 1.
May 17, 2024
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