Common use of Direct Consignment Clause in Contracts

Direct Consignment. An originating good shall be deemed as directly consigned from the country of the exporting Party to the country of the importing Party: (a) if the goods are transported without passing through the territory of any third State; or (b) if the goods are transported for the purpose of transit through third States with or without transhipment or temporary storage in such third States, provided that: (i) the transit entry is justified for geographical reasons or transport requirements; (ii) the goods have not entered into trade or consumption in the territory of the third State; and (iii) the goods have not undergone any operation in the territory of the third State other than unloading and reloading or any operation required to keep the goods in good condition.

Appears in 5 contracts

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

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