Common use of Customs legislation and procedures Clause in Contracts

Customs legislation and procedures. 1. The Parties agree that their respective trade and customs legislation, provisions and procedures shall be based upon the international instruments and standards applicable in the field of customs and trade, including the substantive elements of the revised Kyoto Convention on the simplification and harmonisation of customs procedures, the WCO Framework of Standards to Secure and Facilitate Global Trade, the WCO data set and the Harmonised Commodity Description and Coding System ("HS Convention"). The Parties shall ensure freedom of transit through their territory via the route most convenient for transit. Any restrictions, controls or requirements must pursue a legitimate public policy objective, be non-discriminatory be proportionate and be applied uniformly. Without prejudice to legitimate customs control and supervision of goods in transit, the Parties shall accord to traffic in transit to or from the territory of any Party, treatment not less favourable than that accorded to domestic goods, exports and imports, and their movement. The Parties shall operate bonded transport regimes that allow the transit of goods without payment of customs duties or other charges subject to the provision of an appropriate guarantee. The Parties shall promote and implement regional transit arrangements with a view to reducing trade barriers. The Parties shall draw upon and use international standards and instruments relevant to transit. The Parties shall ensure co-operation and co-ordination between all concerned authorities and agencies in their territory to facilitate traffic in transit and promote co-operation across borders.

Appears in 5 contracts

Samples: Framework Agreement, Agreement Establishing a Stepping Stone Economic Partnership Agreement, Framework Agreement

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