DGFT launches Revamped Preferential Certificate of Origin (eCoO) 2.0 System

The Directorate General of Foreign Trade (DGFT) launched the revamped Preferential Certificate of Origin (ECOO 2.0) system. The new system aims to simplify the process of issuing certificates of origin, which are necessary for traders to avail preferential tariff treatment under free trade agreements. The ECOO 2.0 system enhances transparency, reduces processing time, and improves the efficiency of the certification process. The DGFT aims to provide exporters with more streamlined procedures and facilitate smoother international trade by upgrading the certification system for better compliance with trade agreements.