Basic Duties. 1. For each product the basic duty, to which the successive reductions set out in this Agreement are to be applied, shall be the most-favoured-nation rate of duty (MFN rate) applied on 1 January 2001.
Appears in 5 contracts
Samples: Trade Agreement, Agreement, Agreement
Basic Duties. 1. For each product the basic duty, to which the successive reductions set out in this Agreement are to be applied, shall be the most-favoured-nation rate of duty (MFN rate) applied on 1 January 20012000.
Appears in 5 contracts
Samples: Trade Agreement, Trade Agreement, Trade Agreement