Calculation of Regional Value Content. 1. For the purposes of Article 2, if Annex 3-B requires a good to meet a regional value requirement, the formula for calculating the regional value content will be: RVC = V β VNM x 100 where: RVC is the regional value content of a good, expressed as a percentage; V is the value of the good, as provided in paragraph 2; and VNM is the value of non-originating materials, including materials of undetermined origin.
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Samples: Pacific Agreement, Pacific Agreement, businessfacilitation.org
