Fujian Issues First Upgraded Certificate of Origin Under China-Peru Free Trade Agreement

Following the formal implementation of the upgraded protocol to the China-Peru Free Trade Agreement, customs authorities in Xiamen recently issued Fujian province’s first upgraded certificate of origin. This milestone highlights the tangible benefits that regional enterprises are reaping from deepened bilateral trade agreements and optimized tariff reduction schedules.

The implementation of the upgraded agreement follows significant diplomatic milestones, including congratulatory messages exchanged between national leaders to mark the anniversary of diplomatic relations. Strategic infrastructure projects in Latin America, such as the Chancay Port, have further facilitated trade connectivity, creating what economic experts describe as a ‘rule-based economic highway’ between China and Latin American markets.

Local businesses in Xiamen and across Fujian province have expressed enthusiasm for the new commercial opportunities created by the agreement. Enhanced trade facilitation measures and reduced trade barriers are expected to boost exports, encourage greater industrial cooperation, and foster closer economic ties between China and Peru in the years ahead.

Sources: Xiamen Net

Aggregated summary. Original: 厦门网