YEREVAN, February 7. /ARKA/. An Armenian company has become the first organization to get registration in Registered Exporter System – REX, operating as part of the European Union’s GSP+ trade preference scheme, and has received an appropriate certificate, the press office of the Armenian economic development and investments ministry reported on Tuesday.
REX electronic system was introduced in Armenia in January 2018.
Registration in the system allows exporting goods to the European Union under GSP+ scheme without a certificate on country of origin.
Along with application of REX system, the certificate on country of origin may be provided within 12 months of transition to those exporters who have not registered in the system yet.
The registration is carried out by the Armenian economic development and investments ministry for free.
Armenia enjoys GSP+ preferences scheme from January 1, 2014.
Formal membership of a country in 27 international conventions is almost enough to grant it GSP+ preferences.