• 2026.01.20 (Tue)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
APEC2025KOREA가이드북
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Column
    • Cho Kijo Column
    • Lee Yeon-sil Column
    • Ko Yong-chul Column
    • Cherry Garden Story
  • Photo News
  • New Book Guide
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

  • Samsung Biologics Acquires GSK’s U.S. Plant to Bypass Tariff Barriers

  • Seoul Apartment Prices Hit 19-Year High in 2025, Surpassing Previous Peak

  • Samsung Biologics Employee Indicted for Smuggling 2,800 Secret Blueprints Hidden Under Clothes

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

Comments 0

Weekly Hot Issue

  • “$3.20 for Coffee, 15 Cents for the Cup”: New Pricing Policy Leaves Café Owners Exhausted
  • “HBM Semiconductor Tech Stolen”: China Remains Top Destination for South Korea’s Leaked Technology
  • KOSPI Hits Historic 4,900 Mark After 12-Day Rally; Hyundai Motor Soars to 3rd in Market Cap
  • S. Korea Braces for Longest, Most Intense Cold Wave of the Season: Feels-like Temps to Plummet to -20°C
  • Trump Escalates Atlantic Tensions with ‘Greenland Tariffs’ Targeting European Allies
  • Wealthy Individuals Value Time Over Money: Insights into the "Rich Mindset"

Most Viewed

1
“The Answer Lies in the Field”... Incheon Superintendent Do Seong-hun Bets on ‘Educational Innovation’ for 2026
2
Territorial Plundering in the 21st Century: The Catastrophe Awaited by Trump’s ‘Order Through Force’
3
From 'Maduro Gray' to 'Hwang Hana Parka': Why Negative News Drives Fashion Consumption
4
Actress Goo Hye-sun Fast-tracks Master’s Degree at KAIST, Eyes Doctorate Next
5
South Korean Rebar Defies 50% Tariffs: A Strategic Pivot to the U.S. Amid Domestic Stagnation
광고문의
임시1
임시3
임시2

Hot Issue

KOSPI Hits Historic 4,900 Mark After 12-Day Rally; Hyundai Motor Soars to 3rd in Market Cap

“HBM Semiconductor Tech Stolen”: China Remains Top Destination for South Korea’s Leaked Technology

Hyundai’s ‘Atlas’ Shakes Up CES 2026: A Formidable Rival to Tesla’s Optimus

Long Queues in Sub-zero Temperatures: Hello Kitty Meets Jisoo as MZ Generation Flocks to Pop-up Store

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
  • 독도는우리땅
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Column 
    • 전체
    • Cho Kijo Column
    • Lee Yeon-sil Column
    • Ko Yong-chul Column
    • Cherry Garden Story
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers