Common use of Circulation of goods Clause in Contracts

Circulation of goods. 1. Customs duties shall be levied only once for goods originating in the EC Party or in the EAC Party in the territory of the other Party. 2. Any duty paid upon importation in an EAC Partner State shall be refunded fully when the goods leave the EAC Partner State of first importation. Such products shall then pay the duty in the country of consumption. 3. The Parties agree to cooperate with a view to facilitating the circulation of goods and simplifying customs procedures.

Appears in 8 contracts

Samples: Economic Partnership Agreement, Economic Partnership Agreement, Economic Partnership Agreement

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Circulation of goods. 1. Customs duties shall be levied only once for goods originating in the EC Party or in the EAC Party in the territory of the other Party. 2. Any duty paid upon importation in an EAC Partner State shall be refunded fully when the goods leave the EAC Partner State of first importation. Such products shall then pay the duty in the country of consumption. 3. The Parties agree to cooperate with a view to facilitating the circulation of goods and simplifying customs procedures.

Appears in 1 contract

Samples: Economic Partnership Agreement

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