Singapore Details Customs Procedures, ROOs for New ASEAN-Hong Kong FTA

Singapore Customs outlined rules of origin requirements and certification procedures under the new ASEAN-Hong Kong Free Trade Agreement that is slated to take effect June 11, in a recent circular. Beginning on that date, preferential treatment for Singapore-originating goods can be claimed under the agreement in Hong Kong, Laos, Myanmar, Thailand and Vietnam. AHKFTA treatment is not available in other Association of Southeast Asian Nations (ASEAN) member states because they have not yet ratified the agreement, the circular said. The agency also outlined procedures for claiming preferential treatment in a separate circular.