EUR1 Movement Certificate Advantage
The EUR1 movement certificate, is a key form used in international commodity circulation for goods to qualify for reduced or zero rates of duty in the country of import. This document is used within the framework of several Free Trade Agreements (FTAs) between the European Union and other countries, including Turkey.
The main advantage of the EUR1 document is that it allows exporters to benefit from lower customs duties. This can make products more competitive and can lead to increased trade between countries. For customers, this can translate into lower prices and a wider range of available products.
Turkey, as a part of the Customs Union Agreement with the European Union, can issue and accept EUR1 documents. This means that products manufactured in Turkey and exported to other countries implementing the EUR1 document can benefit from reduced or zero customs duties, making Turkish products more competitive in these markets.
Countries that can take advantage of the EUR1 document include:
EU Member States: Austria, Belgium, Bulgaria, Croatia, Republic of Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the UK.
EFTA (European Free Trade Association) countries: Iceland, Norway, Switzerland, and Liechtenstein.
Mediterranean countries: Algeria, Egypt, Israel, Jordan, Lebanon, Morocco, Palestine, Syria, Tunisia, and Turkey.
Other countries: Mexico, South Africa, Chile, and many others.
Please note that the list of countries can change and it's always a good idea to check the current status of the country with the relevant customs authorities.ChatGPT