The Australian Border Force (ABF) has issued Australian Customs Notice No. 2022/51, Titled ‘Customs Regional Comprehensive Economic Partnership Agreement —Entry into Force for Indonesia) Notice 2022.’ It announces that the agreement, known as RCEP, will enter into force for Indonesia on 02 January 2023.
The RCEP has already entered into force for Australia – as well as Brunei, Cambodia, China, Japan, Laos, New Zealand, Singapore, Thailand and Vietnam – on 01 January 2022. This was followed by the Republic of Korea on 01 February 2022 and Malaysia on 18 March 2022. The agreement is yet to enter into force for Myanmar and the Philippines.
It is set to become the world’s largest trade deal – which includes China but excludes the USA. It is also larger than other regional trading blocs such as the United States-Mexico-Canada Agreement (USMCA) and the European Union.
Under the Customs Act, the Minister for Home Affairs is required to announce by notifiable instrument the day on which the RCEP enters into force for each party other than Australia. This occurred on 22 November and today’s notice fulfills this requirement, stating:
The following Preference Origin Country code is to be included with the table found in ACN 2021/49 for use from 01 January 2023.
Preference Origin Country
Code: ID
Description: Indonesia
The Customs Notice informs clients that the RCEP Joint Committee reached consensus on the version of the PSR annex in HS 2022 on 30 June 2022. Where possible, RCEP Proof of Origin documentation issued or completed after 01 January 2023 for goods imported into Australia claiming to be RCEP originating goods should make use of HS 2022.
The ABF will continue to accept RCEP Proof of Origin documentation issued or completed with the former nomenclature, HS 2012, for goods imported into Australia issued or completed prior to 01 January 2023.
Once all RCEP parties have transitioned to using HS 2022 on the Proof of Origin, it is expected that there will be significantly limited situations where HS 2012 will be used on a COO or DOO.
The RCEP will cover a market of 2.2 billion people and US$26.2 trillion of global output. Ultimately, the partnership will create a trade group that covers about 30% of the world’s population, as well as the global economy.
Colless Young’s international network includes Indonesia with an office based in Bali. We are able to collect and arrange shipment from all islands and provinces in Indonesia, and cover major shipping ports such as Jakarta, Surabaya and Belawan Sumatra. To talk with us for more information about service and rates, use the form at the righthand side of this page or go to our contact page.
As licensed Customs Brokers and International Freight Forwarders, we handle all your transport needs, by both air and sea cargo. We are based in Brisbane and offer a complete range of logistics services – import and export – through all Australian ports and airports.
