• 2025.10.25 (Sat)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
APEC2025KOREA가이드북
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
MENU
 
Home > Business

MERCOSUR Certificate of Origin: Expected to Streamline and Enhance Export Procedures

Yim Kwangsoo Correspondent / Updated : 2025-07-02 17:55:25
  • -
  • +
  • Print

 

The Paraguayan Ministry of Industry and Commerce (MIC) announced that starting July 18, it will be revising the certificate of origin form for exports to MERCOSUR (Southern Common Market) and updating the Declaration of Origin (DJO). This measure aims to simplify trade procedures and boost intra-regional trade.

The biggest change lies in the Declaration of Origin (DJO). Previously, a DJO had to be submitted for each export invoice. Now, a DJO will be submitted per product, with its validity extended to one year and assigned a unique number. This unique number will be directly linked to the certificate of origin, which is expected to significantly reduce paperwork. The Ministry of Industry and Commerce stated that this change will considerably alleviate the administrative burden on businesses.

There are also changes to the certificate of origin itself. The new form includes additional fields for the number and date of the corresponding DJO. Conversely, fields such as consignee, destination country, and means of transport have been removed, making the form more concise. These changes are expected to shorten document preparation time and reduce the likelihood of errors.

Trade among MERCOSUR member states has, until now, been a burden for many businesses due to complex documentary procedures. In particular, procedures related to certificates of origin have consumed a significant amount of time and cost for exporting and importing companies. This overhaul is expected to improve these inefficiencies, strengthening the competitiveness of Paraguayan businesses in accessing not only the MERCOSUR regional market but also the international market.

Certificate of Origin Issuing Bodies 

The Ministry of Industry and Commerce has designated the following organizations as authorized to issue certificates of origin:

Paraguayan Chamber of Commerce and Services (CNCSP)
Paraguayan Cotton Association (Cadelpa)
Paraguayan Chamber of Exporters of Grains and Oilseeds (Capeco)
Paraguayan Exporters Association (Capex)
Paraguayan Federation of Wood Producers (Fepama)
Paraguayan Industrial Union (UIP)
Additionally, certificates of origin can also be issued at the MIC's regional offices located in Alto Paraná, Itapúa, Amambay, Cordillera, Caaguazú, Guairá, Ñeembucú, and Concepción. This is interpreted as an intention to improve accessibility and convenience for local businesses.

This update to the certificate of origin form is part of MERCOSUR's ongoing efforts to accelerate intra-regional commercial procedures, improve product traceability, and facilitate access for member state goods to regional and international markets. As a key MERCOSUR member, Paraguay is expected to strengthen its export capacity and promote economic growth through these changes. This is particularly anticipated to have a positive impact on agricultural exports, such as soybeans, which are a major export commodity.

It remains to be seen whether this measure, coupled with similar efforts to streamline procedures in other MERCOSUR member states, will further accelerate regional economic integration.

[Copyright (c) Global Economic Times. All Rights Reserved.]

  • #NATO
  • #OTAN
  • #OECD
  • #G20
  • #globaleconomictimes
  • #Korea
  • #UNPEACEKOR
  • #micorea
  • #mykorea
  • #UN
  • #UNESCO
  • #nammidonganews
  • #sin
Yim Kwangsoo Correspondent
Yim Kwangsoo Correspondent

Popular articles

  • International Non-Judicial Body Puts the Brakes on Multinational Corporations Evading Environmental and Human Rights Responsibility

  • Landmark Fine for Deepfake Pornography in Australia Sets Strong Precedent

  • South Korea's Cultural Heritage Facing Extinction as Artisans Age

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065603289097725 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Melody in the OR: Parkinson's Patient Plays Clarinet During Brain Surgery
  • South Korea to Launch Government-Led AI Certification to Combat Market Confusion
  • South Korean Chip Titans Clash Over Next-Gen HBM4 Memory
  • Hwangnam-ppang: Gyeongju's 85-Year-Old Secret to Sweet Success
  • Kia Inaugurates New CKD Plant in Kazakhstan, Accelerating Global Supply Chain Diversification
  • Korean Expatriates in Cambodia Face Economic Crisis and Anti-Korean Sentiment Amid Crime Wave

Most Viewed

1
Early Winter Chill Grips South Korea as Seoraksan Sees First Snow
2
Gyeongju International Marathon Elevated to 'Elite Label' Status, Welcomes Record 15,000 Runners  
3
K-Webtoons Emerge as a Mainstream Force in North American Pop Culture: Report from New York Comic Con 2025
4
South Korean Chip Titans Clash Over Next-Gen HBM4 Memory
5
Deadly Clan Clashes Erupt in Gaza as Israeli Forces Withdraw
광고문의
임시1
임시3
임시2

Hot Issue

Minister Choi Hwiyoung Vows 'One-Strike Out' Policy Amidst Surge in Abuse Reports

ROK President Lee Faces Major Diplomatic Test with APEC Super Week

Chinese Researchers Unveil Ultra-Fast Analog Chip, Targeting 1,000x Nvidia Speed

Melody in the OR: Parkinson's Patient Plays Clarinet During Brain Surgery

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 세종시
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Lee Yeon-sil Column
  • Ko Yong-chul Column
  • Photo News
  • New Book Guide
  • Cherry Garden Story
  • Multicultural News
  • Jobs & Workers
  • APEC 2025 KOREA GUIDE