Certificate of Origin (CO) is a shipping document, which is used in international trade, certifying that goods in a particular export shipment are wholly obtained, produced, manufactured or processed in a certain country.
When I was explaining certificates of origin first time on this website, I have indicated that there are two main types of certificates of origin available for use in international trade transactions.
These certificates of origin types are:
- Ordinary certificates of origin: (Also known as Non- preferential Certificates of Origin) They prove the origin of the goods without giving any right to apply preferential import duties. Example : Certificate of Origin
- Special types of certificates of origin: (Also known as Preferential Certificates of Origin) They not only prove the origin of the goods, but also give right to apply preferential import duties. Example : GSP Form A Certificate of Origin , NAFTA Certificates of Origin
Apart form above mentioned types of certificates of origin, there are some sort of documents used in international trade, especially where export and import transactions are taken place between countries that have signed free trade agreements.
These form of documents are known as "
movement certificates".
Today I would like to explain "EUR1" document which is a type of movement certificate.
