Common use of Elimination of Customs Duties Clause in Contracts

Elimination of Customs Duties. 1. The provisions of this Chapter concerning the elimination of customs duties on imports shall apply to goods originating in the territory of the Parties. 2. A Party shall not increase an existing customs duty or introduce a new customs duty on imports of an originating good. 3. Except as otherwise provided in this Agreement, each Party shall progressively eliminate its customs duties on originating goods of the other Party in accordance with its Tariff Schedule at Annex 2. The base rate and the interim rate of customs duty at each stage of reduction for an item are indicated for the item in each Party’s Schedule. Reductions shall occur upon entry into force of the Agreement and thereafter on 1 January of each year, as provided for in each Party’s Schedule. 4. Each Party may adopt or maintain import measures to allocate in-quota imports made pursuant to a tariff quota set out in its Schedule, provided that such measures do not have trade restrictive effects on imports additional to those caused by the imposition of the tariff quota. 5. On the written request of the other Party, a Party applying or intending to apply measures pursuant to Paragraph 4 shall consult to consider a review of the administration of those measures.

Appears in 4 contracts

Samples: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement

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Elimination of Customs Duties. 1. The provisions of this Chapter concerning the elimination of customs duties on imports shall apply to goods originating in the territory of the Parties. 2. A Party shall not increase an existing customs duty or introduce a new customs duty on imports of an originating good. 3. Except as otherwise provided in this Agreement, each Party shall progressively eliminate its customs duties on originating goods of the other Party in accordance with its Tariff Schedule at Annex 21. The base rate and the interim rate of customs duty at each stage of reduction for an item are indicated for the item in each Party’s Schedule. Reductions shall occur upon entry into force of the Agreement and thereafter on 1 January of each year, as provided for in each Party’s Schedule. 4. Each Party may adopt or maintain import measures necessary to allocate in-quota imports made pursuant to administer a tariff quota set out in its Tariff Schedule, provided including allocating access to that such quota opportunity. Such measures do shall be transparent and predictable and shall not have trade restrictive effects on imports additional to those caused by the imposition of the tariff quota. 5. On the written request of the other Party, a Party applying or intending to apply measures pursuant to Paragraph 4 shall consult to consider a review of the administration of those measures.

Appears in 3 contracts

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

Elimination of Customs Duties. 1. The provisions of this Chapter concerning the elimination of customs duties on imports shall apply to goods originating in the territory of the Parties. 2. A Party shall not increase an existing customs duty or introduce a new customs duty on imports of an originating good. 3. Except as otherwise provided in this Agreement, each Party shall progressively eliminate its customs duties on originating goods of the other Party in accordance with its Tariff Schedule at Annex 2. The base rate and the interim rate of customs duty at each stage of reduction for an item are indicated for the item in each Party’s 's Schedule. Reductions shall occur upon entry into force of the Agreement and thereafter on 1 January of each year, as provided for in each Party’s 's Schedule. 4. Each Party may adopt or maintain import measures to allocate in-quota imports made pursuant to a tariff quota set out in its Schedule, provided that such measures do not have trade restrictive effects on imports additional to those caused by the imposition of the tariff quota. 5. On the written request of the other Party, a Party applying or intending to apply measures pursuant to Paragraph 4 shall consult to consider a review of the administration of those measures.

Appears in 3 contracts

Samples: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement

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Elimination of Customs Duties. 1. The provisions of this Chapter concerning the elimination of customs duties on imports shall apply to goods originating in the territory of the Parties. 2. A Party shall not increase an existing customs duty or introduce a new customs duty on imports of an originating good. 3. Except as otherwise provided in this Agreement, each Party shall progressively eliminate its customs duties on originating goods of the other Party in accordance with its Tariff Schedule at Annex 21. The base rate and the interim rate of customs duty at each stage of reduction for an item are indicated for the item in each Party’s Schedule. Reductions shall occur upon entry into force of the Agreement and thereafter on 1 January of each year, as provided for in each Party’s Schedule. 4. Each Party may adopt or maintain import measures necessary to allocate in-quota imports made pursuant to administer a tariff quota set out in its Tariff Schedule, provided including allocating access to that such quota opportunity. Such measures do shall be transparent and predictable and shall not have trade restrictive effects on imports additional to those caused by the imposition of the tariff quota. 5. On the written request of the other Party, a Party applying or intending to apply measures pursuant to Paragraph 4 shall consult to consider a review of the administration of those measures.measures.‌

Appears in 1 contract

Samples: Closer Economic Partnership Agreement

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