Intl. Certificate of Origin Council hails Tehran Chamber of Commerce for issuing electronic COs

The International Certificate of Origin (ICO) Council, part of the International Chamber of Commerce (ICC) praised Tehran Chamber of Commerce for issuing 99% of certificates of origin electronically.

12 June 2019
ID : 22039
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The International Certificate of Origin (ICO) Council, part of the International Chamber of Commerce (ICC) praised Tehran Chamber of Commerce for issuing 99% of certificates of origin electronically.

A view of a meeting of International Certificate of Origin (ICO) Council in Brazilian city of Rio de Janeiro. TCCIMA.IR

International Certificate of Origin (ICO) Council has praised Tehran Chamber of Commerce for issuing electronic certificates of origin.

The ICO, presided by Peter Bishop, Deputy Chief Executive Officer of London Chamber of Commerce and Industry (LCCI), held its meeting two days before the start of the International Chambers of Commerce (ICC) event in the Brazilian city of Rio de Janeiro on Wednesday.

Atefe Ghasemian, Director of data compilation and economic analysis Department told the forum that Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) issued 23, 559 Certificates of Origin (CO) in 2018, 99% of which electronic, the chamber reports.

Atefe Qasemian, Director of data compilation and economic analysis Department at Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA), first right, participates in International Certificate of Origin (ICO) Council in Rio de Janeiro, Brazil. TCCIMA.IR

Atefe Qasemian, Director of data compilation and economic analysis Department at Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA), first right, participates in International Certificate of Origin (ICO) Council in Rio de Janeiro, Brazil. TCCIMA.IR

Bishop hailed such number high percentage of electronic certificates of origin and called them “сonsiderable and very excellent” as it was the best performance among all 73 chambers of commerces that are part of the ICO.

A certificate of origin is completed by the exporter and certified by a recognised issuing body, like TCCIMA, identifying the country the goods in an export shipment were produced, manufactured or processed in.

TCCIMA joined the ICC Accreditation Chain in 2016 as part of its efforts to lead Iranian chambers of commerce in issuing electronic certificate of origin, Financial Tribune reports.

Adherence to the Certificate of Origin Accreditation Chain is voluntary for chambers. By joining the accreditation chain, chambers agree to follow internationally applicable and widely accepted standards.

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