APTA Rules of Origin Explained

Asia-Pacific Trade Agreement (APTA) — in force; fourth round of concessions since 1 July 2018 Overview. Asia-Pacific Trade Agreement (APTA) is in force since 1976; the amended agreement took effect on 1 September 2006 and the fourth round of tariff concessions on 1 July 2018. It is a preferential agreement under UN ESCAP between Bangladesh, China, India, the Republic of Korea, Lao PDR and Sri Lanka, which Mongolia has since joined. Members exchange margins of preference on listed products in negotiating rounds; a fifth round is being negotiated. This page sets out its rule of origin: the test goods must pass to get the agreement's rate. The rule. One rule covers all goods not wholly obtained: non-originating materials may not exceed 55% of the FOB value (45% local content), with the final manufacturing process in the exporting country; goods of least developed members may contain up to 65% (Rules 4 and 11 of Notification 94/2006-Customs (N.T.)). How to check your product. Frequently Asked Questions. Find the code for your product.

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