INFORMATIONS ON EXPORT OF PUMPKIN SEED OIL

Pumpkin seed oil is a thick, green-red oil that is produced from roasted pumpkin seeds. When used for cooking or as a salad dressing, pumpkin seed oil is generally mixed with other oils because of its robust flavor. It is used in cooking in central and eastern Europe. It is considered a delicacy in Austria and Slovenia, where a little is often added in traditional local cuisine on pumpkin soup and on potato salad. In some restaurants, they propose even to add a few drops on vanilla ice cream or pumpkin ice cream. Long believed to be a folk remedy for prostate problems, it has been claimed to combat benign prostatic hyperplasia. Pumpkin seed oil contains essential fatty acids that help maintain healthy blood vessels, nerves and tissues. (Wikpedia)

Company Pasus d.o.o. started to export specail bottled pumpkin seed oil in premium market - favorited hotel / restaurant and food gourme store chains.

Pumpkin seed oil is a Slovenian product. Prior to export the appropriate bottled in bottles of 0.25, 0,5 and 1 liters. The company is considering the necessary chemical analysis for export.

The company already did some of informal contacts with the contact persons in the target countries, which will support the import and distribution of goods to the markets of (Slovenian Business Club, acting Slovenian companies).

Method of distribution of products the company will continue to examine, but considering air transport individual batches after approx. 500 liters, whereas in food products critical temperature and time of transport.

Formalities in exporting goods from the EU:

CN code for bottled pumpkin seed oil (code base EK):

15159051-Other oils

Since it is an occasional export of small consignments, it is recommended that the exporter hire shipper on the place of dispatch. Forwarder for the exporter will be filed at the competent customs authorities of the export declaration and the required export documents (export invoice, transport document) and gave the euro a witness - a certificate of origin. The exporter bears the cost of forwarding services. No export restrictions. Difficulties in exports is not provided.

Conditions for imports in each country

These are the conditions for imports of goods in each country. We obtained data from the available databases of the European Commission. The information is indicative and serves as a basis for planning the operation. Since there is a possibility to change the import conditions in individual countries by their own performance, the exporter must immediately prior to the transaction to check with the importer of goods in the destination country, if those conditions are still valid and what documentation should accompany the goods.

Singapore

Import tariff code:

The tariff rate on imports from the EU: Tax on goods and services:

1515.90.91 - - - Crude oil

MFN - 0% (certificate of origin)

7% on the CIF price (value, insurance, transport and other costs)

For imports of food required to provide AVA import permit issued by: Food Control Division (FCD) of the Agri-Food & Veterinary Authority (AVA), Tower Block Mnd Complex # 18-00, 5 Maxwell Road, Singapore 069110, Tel: 65 63250785, 6325 0783

The basis for issuing the sanitary certificate and the registration of the importer to the government authority. It is reasonable to attach goods made in the analysis of oil samples in the laboratory in the EU.

It is recommended that the importer agree with the authority to authorize and issue with formalities and the required accompanying documents before the first physical imports. Estimated issue costs by the information available is SGD 21,50 per each authorization valid for one admission. Importer will submit information about the required documents to the exporter to ensure that required documents are sent together with the delivery. Other features on imports is, however, the importer shall verify the requirements for the labeling of goods (label).

China

Commodity code import: 1515.90.90.90 - - - Other fixed plant oil, grease and Their extracts The tariff rate on imports from the EU: MFN - 20% (Certificate of Origin)

Tax on goods 17% of the CIF value of goods and customs duties

The preferential treatment of goods: China has signed free trade agreements with ASEAN member-states of Bangkok Agreement and Chile, Pakistan, Macao and some African countries, but in doing so requires that products originating in those countries. In the event that the goods are of Slovenian origin imported from Singapore, it will offset benefits under the above- mentioned MFN rate.

When importing is necessary to obtain and submit documents in addition to normal import a "Certificate of Analysis" - Domestic Product report.

Product (each bottle) should be equipped with appropriate label in English and Chinese and contain all the information prescribed by:

Ministry of Health of the P.R. of China, please contact the Ministry for further information: Xi Zhi Men Wai South Rd. 1, CN-100044 Beijing, phone number: +86 10 68792114, fax number: +86 10 68,792,024th

It is recommended that the importer, before the first importation, fetches the required data to the label of pumpkin seed oil and preparation (prints) the corresponding labels which bear bottles from physical exports from Slovenia.

For oil in general (also for heading 1515.90.90.90), the import customs clearance at the presentation of a specific document proving that the goods were subject to inspection and the goods may be imported.

Chinese name for the document: 入境 货物 报检 单 (Ru Jing Wu Huo Bao Jian Dan). The importer can be obtained from: General Administration for Quality Supervision, Inspection and

Quarantine of the PR of China (AQSIQ) 9 East Ma Dian Rd., Hai Dian District, CN-100088 Beijing, phone number: +86 10 82262114, fax number: +86 10 82260011.33

Release Time and price vary the certificate. Applies only to a single import.

Recommendations

• An exporter in the country of destination has to obtain a known buyer of the goods. In doing so, the prospective purchaser, as planned, pre-delivery model of goods.

• Exporter to export before the actual physical elaborated the details of the transaction:

o indicativeamountonanannualbasis

o quantityofgoodsinthefirstshipment

o agreedconditionsforacceptanceandpaymentforgoodsbytheimporterof

goods

• Normally, the importer is soorting import formalities and paying duty. The cost will

be part of the calculation of the final price of the product, it is recommended that the exporter inquire what what will this cost and what price the importer is willing to pay.

• It is recommended that the importer, before the first importation, fetches the required data to the label of pumpkin seed oil and preparation (prints) the corresponding labels which bear bottles from physical exports from Slovenia.

• The consignment should be accompanied by a certificate of origin (prepared by the shipper along with the export declaration).

• It is recommended that implementation of the chemical analysis of the goods on a sample of goods from the already prepared batch. In the event that the oil exports that will blend oils from different manufacturers, the sample should be collected and analysis carried out on the final mix or. already bottled sample. Usually the requirements for the foods in the EU more stringent than in other countries, but does not exclude the possibility that in certain countries, more stringent on the content of individual components. It makes sense that the importer in the destination country prior inquire about the requirements for the composition of goods. Each consignment will be subject to phytosanitary inspection at import and analysis will be carried out also in the importing country prior to being released for free circulation.

• It is recommended to prepare detailed "business plan for the export of pumpkin seed oil", which will provide for all phases of performance, calculation of prices for individual markets, the time course of the transaction, the necessary sales activities and long-term projection of the development business.

Note: The information produced is indicative and may serve only as a basis . Conditions for imports in each country is necessary to review prior to the actual physical implementation of export goods, since the conditions in importing countries may be subject to change.