VIETNAM - KOREA OFFICIALLY CONNECT THE EXCHANGING ELECTRONIC CERTIFICATE OF ORIGIN (EODES) FROM 1ST JULY 2023

Vietnam - Korea have just signed a Joint Statement on technical connection of EODES Electronic Origin Data Exchange System, supporting the transmission and reception of Certificate of Origin (C/O) data through the EODES system between the two countries effective from 1st July 2023.

The transmission and reception of Certificate of Origin (C/O) data through the EODES system between Vietnam and Korea speeding up the process and procedures for issuing C/O in the exporting country as well as customs clearance of goods based on electronic C/O data to get the VKFTA and AKFTA tariff preferences in the importing country, reducing the pressure significantly in duration and cost for the business.

The EODES system will be technically connected from 1st July 2023 to transmit and receive electronic C/O form AK and VK/KV form. At the same time, paper copies of these C/O forms are still sent to the importer in the importing country for the purpose of archiving the application for C/O and checking and verifying the origin of goods in the future.

Source: Customs News

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