Base Rate of Customs Duties. For each product, the base rate of customs duties, to which the successive reductions set out in Annex E are to be applied, shall be the most-favoured nation (hereinafter referred to as “MFN”) customs duty rate applied on 1 January 2007.
Appears in 2 contracts
Samples: Free Trade Agreement, Free Trade Agreement
Base Rate of Customs Duties. For each product, the base rate of customs duties, to which the successive reductions set out in Annex E are to be applied, shall be the most-favoured nation (hereinafter referred to as “"MFN”") customs duty rate applied on 1 January 2007.
Appears in 2 contracts
Samples: Free Trade Agreement, Free Trade Agreement