Utilization of FTA Breaks 40% in Shandong

Date: 2016-11-01 16:50:10, Source: sdchina.com, Today/Total Visits : 0/384

The first-nine-month utilization of FTA (free trade agreement) of Shandong breaks fourteen percent for the first time, a six percent growth. The tariff preference has achieved a 200 million dollars increase, amounting to 740 million dollars in total.

In the first three quarters, the export value reaches 11.8 billion dollars for the 2.85 million batches of exported merchandises qualified with the certificate of origin issued by Shandong.

The utilization of China-South Korea FTA has increased fifteen percent since March of this year. Especially, the initiative in unifier of certificates issued by both Inspection and Quarantine Bureau and Bureau of Commerce has been highly affirmed and replicated and promoted in more than 10 provinces, municipalities and autonomous regions.

Approved by: Department of Commerce of Shandong Province Tel: +86-531-89013333

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