[Industry News]: Free Trade Agreement helps Jianda Rubber Tires enter the Georgian market
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April 16, 2024, 8:37 AM On April 15, it was reported that recently, 868 truck tires produced by Jianda Rubber (Tianjin) Co., Ltd. have been successfully sent to Georgia. This batch of goods benefited from the China-Georgia Free Trade Agreement Certificate of Origin issued by Tianjin Customs and can enjoy a tariff exemption of nearly 10,000 yuan in Georgia. This preferential policy not only reduces the export costs of enterprises, but also provides strong support for Jianda Rubber to further explore overseas markets.
According to statistics from Tianjin Customs in the first quarter, the customs area has issued as many as 13,000 certificates of origin of various free trade agreements, with a cumulative value of 6.1 billion yuan. This figure shows the positive role of free trade agreements in promoting trade. Du Chunjie, head of the foreign trade department of Jianda Rubber, said that this export is the first time that the company's products have entered the Georgian market. Under the careful guidance of Tianjin Customs, the company has an in-depth understanding of Georgia's tariff policies and successfully applied for a certificate of origin. This not only helps the smooth customs clearance of products, but also the use of preferential tariff policies greatly enhances the market competitiveness of products.