What does a Certificate of Origin serve to prove in international trade?

A Certificate of Origin is a crucial document in international trade that serves to verify the country where a product is manufactured. This certificate is often required by customs authorities to determine tariff classification and ensure compliance with trade agreements. By establishing the origin of goods, it helps importers and exporters to understand potential duties and import restrictions that may be applicable.

This document can have significant implications on trade tariffs, as many countries offer preferential treatment or reduced tariffs for goods originating from certain countries under free trade agreements. In essence, the Certificate of Origin plays a vital role in facilitating smooth cross-border transactions by providing essential information regarding the source of the goods traded.