Thriving in the 4th largest economic region in the world
ASEAN is a major global hub of manufacturing and trade, as well as one of the fastest-growing consumer markets in the world. It is projected to rank as the fourth-largest economy by 2050. Income growth has remained strong since 2000, with average annual real gains of more than 5 percent. Already some 67 million households in ASEAN states are part of the “consuming class,” with incomes exceeding the level at which they can begin to make significant discretionary purchases That number could almost double to 125 million households by 2025, making ASEAN a pivotal consumer market of the future.
We act as your regional regulatory approval liaison. Our experts provide guidance on the compliance requirements and approval strategy for each country. We also perform product testing to the correct test standards as required, prepare applications on your behalf, perform a post-submission follow-up with the authorities/ certification bodies, conduct training for your staff on technical standards used for implementation of regulations, and update you on the latest regulatory changes.
As a globally renowned solutions provider, TÜV SÜD has strong working relationships with regulators and national certification bodies within ASEAN key markets. We are designated as a Conformity Assessment Body through Mutual Recognition Agreements (MRA) with various regulators for issuing test reports/Certificate of Approval for products sold to the countries of MRA partners. We participate actively in the international Conformity Assessment arena, such as the IECEE CB Scheme, where we are among the top issuers of certificates for the product categories.
If you are looking to bring your products to other region, our Global Market Access (GMA) service is accessible to you worldwide through our team of dedicated GMA managers who is able to work and converse in your language.
Bosnia and Herzegovina