Common use of Principles on Trade Facilitation Clause in Contracts

Principles on Trade Facilitation. Member States shall be guided by the following principles in relation to trade facilitation measures and initiatives at both ASEAN and national levels: (a) Transparency: Information on policies, laws, regulations, administrative rulings, licensing, certification, qualification and registration requirements, technical regulations, standards, guidelines, procedures and practices relating to trade in goods (hereinafter referred to as “rules and procedures relating to trade”) to be made available to all interested parties, consistently and in a timely manner at no cost or a reasonable cost;