Certificates of Origin (COs) are essential trade documents issued by chambers of commerce worldwide. These certificates serve to authenticate the origin of exported goods and are required by businesses, banks, and customs officials. Here’s what you need to know:

1. What Are Certificates of Origin?

  • COs are issued by chambers of commerce.
  • They verify the origin of goods being exported.
  • These documents play a crucial role in international trade.

2. Why Certificates of Origin Matter:

  • Trade Facilitation: COs facilitate smooth cross-border transactions.
  • Credibility: They provide credibility and trust in the global marketplace.
  • Customs Compliance: Customs authorities rely on COs for accurate tariff assessment.

3. Our Role:

Through our chamber, we advocate for chambers as the trusted agents in issuing important trade documents. Here’s how we achieve this:

International Certificate of Origin Council (ICOC):

  • ICOC is a global forum of trade facilitation experts.
  • It promotes chambers as issuing agents of COs worldwide.
  • Strategies include:
    • Coordinated engagement with governments and agencies.
    • Establishing an International CO Accreditation Chain based on best practices.
    • Developing training programs for chamber professionals.
    • Advocating for electronic CO acceptance.

International CO Accreditation Chain:

  • Chambers issue over 15 million COs annually.
  • Accredited chambers receive an internationally recognized quality label.
  • This label confirms their status as credible and trusted third parties in CO issuance.

4. Benefits of Joining the CO Global Accreditation Chain:

  • Global Harmonized Standard: COs issued to the highest standards.
  • International Recognition: Traceability for every CO issued under ICC WCF.
  • Security: Easier and secure CO authentication for customs authorities.
  • Global Network: Be part of a reliable global network of chambers.

5. Verification of Certificates of Origin:

  • Customs authorities and chambers can verify CO authenticity.
  • Use the Certificates of Origin Verification website to check validity.

Remember, COs play a vital role in international trade, and our Wcham is committed to ensuring their accuracy and reliability. 🌐🤝🌍

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