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Macao - People's Republic of China Closer Economic Partnership

Area of Cooperation

Goods ( No provisions on Agricultural goods) Services, Trade Facilitation ( Macao has applied zero tariffs on products from the mainland)

Sign Date

January 1, 2003

In Force Date

December 31, 1969

Summary

The Mainland and Macau Closer Economic Partnership Arrangement was signed in 2003. Macau Products, under the agreement, are exempted from import customs. The agreement strives to support the growth and expansion of the Macau manufacturing, tourist and development industries.

http://www.economia.gov.mo/page/english/cepa_e.htm

Scope

                                                               i.      Bilateral

 
Rules of Origin

                                                               i.      Change in tariff classification

                                                             ii.      Value added 30%

                                                            iii.      Specific manufacturing process required

 
News/Studies

                                                               i.      “A Year-end Feature: Mainland China, HK and Macao Realized Mutual Benefits via CEPA”           http://english.mofcom.gov.cn/aarticle/newsrelease/significantnews/200701/20070104307576.html

                                                             ii.      “CEPA sets foundation for economic diversification: Macao  http://news.xinhuanet.com/english/2006-06/29/content_4767445.htm

                                                            iii.      The Mainland and Macao Closer Economic Partnership Arrangement, Its impacts on Macao      http://www.ipim.gov.mo/en/publication/newsletter/211/211_1.htm

                                                           iv.      Macau, Mainland Sign Supplemental Agreements of CEPA”  
http://www.china.org.cn/english/2004/Oct/110759.htm

 
Additional Links

                                                               i.      http://www.worldtradelaw.net/fta/agreements/chinmacaofta.pdf

                                                             ii.      http://www.bilaterals.org/article.php3?id_article=2544

                                                            iii.      http://www.imprensa.macau.gov.mo/edicoes/en/dse/cepa/

                                                           iv.      http://www.tid.gov.hk/english/cepa/tradeservices/trade_services_requirement.html

                                                             v.      http://www.tdctrade.com/cepa/

                                                           vi.      http://english.mofcom.gov.cn/aarticle/subject/secondcepa/lanmub/200707/20070704890308.html

                                                          vii.      http://www.imprensa.macau.gov.mo/edicoes/en/dse/cepa_sup/default.asp