Common use of Reduction or Elimination of Customs Duties Clause in Contracts

Reduction or Elimination of Customs Duties. 1. Except as otherwise provided for in this Agreement, each Party shall reduce or eliminate its customs duties on goods originating in the other Party in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties). 2. For the calculation of the successive reductions under paragraph 1, the base rate for customs duties of each good shall be the one specified in the schedules included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0- X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties). The tariff elimination established under Appendix 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) does not apply to used motor-vehicles under HS headings 87.02, 87.03 and 87.04. 3. If a Party reduces an applied most-favoured-nation customs duty rate below the rate of customs duty applied in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0- X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties), the good originating in the other Party shall be eligible for that lower duty rate. 4. Except as otherwise provided in this Agreement, a Party shall not increase any existing customs duty applied in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0- X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties), or adopt any new customs duty, on a good originating in the other Party. 5. A Party may unilaterally accelerate the reduction or elimination of customs duties on originating goods of the other Party applied in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties). When a Party considers such an acceleration it shall inform the other Party as early as possible before the new rate of customs duty takes effect. A unilateral acceleration shall not preclude the Party from raising a customs duty to the prevailing rate at each stage of reduction or elimination in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties). 6. Upon request of a Party, the Parties shall consult to consider accelerating or broadening the scope of the reduction or elimination of customs duties applied in accordance with their respective schedules included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties). If the Parties agree to amend this Agreement in order to accelerate or broaden such scope, any agreed amendment shall supersede any duty rate or staging category for such good determined pursuant to their schedules. Such an amendment shall come into effect in accordance with Article 17.5 (Amendments).

Reduction or Elimination of Customs Duties. 1. Except as otherwise provided for in this Agreement, each Party shall reduce or eliminate its customs duties on goods originating in the other Party in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties). 2. For the calculation of the successive reductions under paragraph 1, the base rate for customs duties of each good shall be the one specified in the schedules included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0- 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties). The tariff elimination established under Appendix 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) does not apply to used motor-vehicles under HS headings 87.02, 87.03 and 87.04. 3. If a Party reduces an applied most-favoured-nation customs duty rate below the rate of customs duty applied in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0- 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties), the good originating in the other Party shall be eligible for that lower duty rate. 4. Except as otherwise provided in this Agreement, a Party shall not increase any existing customs duty applied in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0- 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties), or adopt any new customs duty, on a good originating in the other Party. 5. A Party may unilaterally accelerate the reduction or elimination of customs duties on originating goods of the other Party applied in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties). When a Party considers such an acceleration it shall inform the other Party as early as possible before the new rate of customs duty takes effect. A unilateral acceleration shall not preclude the Party from raising a customs duty to the prevailing rate at each stage of reduction or elimination in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties). 6. Upon request of a Party, the Parties shall consult to consider accelerating or broadening the scope of the reduction or elimination of customs duties applied in accordance with their respective schedules included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties). If the Parties agree to amend this Agreement in order to accelerate or broaden such scope, any agreed amendment shall supersede any duty rate or staging category for such good determined pursuant to their schedules. Such an amendment shall come into effect in accordance with Article 17.5 (Amendments).

Reduction or Elimination of Customs Duties. 1. Except as otherwise provided for in this Agreement, each Party shall reduce or eliminate its customs duties on goods originating in the other Party in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties). 2. For the calculation of the successive reductions under paragraph 1, the base rate for customs duties of each good shall be the one specified in the schedules included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0- 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties). The tariff elimination established under Appendix 02-X-0 A- 2 (Xxxxxx Xxxxxxxx Tariff Schedule of Viet Nam) does not apply to used motor-vehicles under HS headings 87.02, 87.03 and 87.04. 3. If a Ifa Party reduces an applied most-favoured-nation customs duty rate below the rate of customs duty applied in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0- 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties), the good originating in the other Party shall be eligible for that lower duty rate. 4. Except as otherwise provided in this Agreement, a Party shall not increase any existing customs duty applied in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0- 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties), or adopt any new customs duty, on a good originating in the other Party. 5. A Party may unilaterally accelerate the reduction or elimination of customs duties on originating goods of the other Party applied in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties). When a Party considers such an acceleration it shall inform the other Party as early as possible before the new rate of customs duty takes effect. A unilateral acceleration shall not preclude the Party from raising a customs duty to the prevailing rate at each stage of reduction or elimination in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties). 6. Upon request of a Party, the Parties shall consult to consider accelerating or broadening the scope of the reduction or elimination of customs duties applied in accordance with their respective schedules included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to Annex 2-A (Reduction or Elimination of Customs Duties). If the Parties agree to amend this Agreement in order to accelerate or broaden such scope, any agreed amendment shall supersede any duty rate or staging category for such good determined pursuant to their schedules. Such an amendment shall come into effect in accordance with Article 17.5 (Amendments).

Reduction or Elimination of Customs Duties. 1. Except as otherwise provided for in this Agreement, each Party shall reduce or eliminate its customs duties on goods originating in the other Party in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to of Annex 2-A (Reduction or Elimination of Customs Duties). 2. For the calculation of the successive reductions under paragraph 1, the base rate for customs duties of each good shall be the one specified in the schedules included in Appendices 0-X-0 2‑A-1 (Xxxxxx Xxxxxxxx Tariff Schedule of the Union) and 0- 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to of Annex 2-A (Reduction or Elimination of Customs Duties). The tariff elimination established under Appendix 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) does not apply to used motor-vehicles under HS headings 87.02codes 8702, 87.03 8703 and 87.048704. 3. If a Party reduces an applied most-favoured-most favoured nation customs duty rate below the rate of customs duty applied in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0- 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to of Annex 2-A (Reduction or Elimination of Customs Duties), the good originating in the other Party shall be eligible for that lower duty rate. 4. Except as otherwise provided in this Agreement, a Party shall not increase any existing customs duty applied in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0- 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to of Annex 2-A (Reduction or Elimination of Customs Duties), or adopt any new customs duty, on a good originating in the other Party. 5. A Party may unilaterally accelerate the reduction or elimination of customs duties on originating goods of the other Party applied in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to of Annex 2-A (Reduction or Elimination of Customs Duties). When a Party considers such an acceleration it shall inform the other Party as early as possible before the new rate of customs duty takes effect. A unilateral acceleration shall not preclude the Party from raising a customs duty to the prevailing rate at each stage of reduction or elimination in accordance with its respective schedule included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to of Annex 2-A (Reduction or Elimination of Customs Duties). 6. Upon request of a Party, the Parties shall consult to consider accelerating or broadening the scope of the reduction or elimination of customs duties applied in accordance with their respective schedules included in Appendices 0-X-0 (Xxxxxx Xxxxxxxx of the Union) and 0-X-0 (Xxxxxx Xxxxxxxx of Viet Nam) to of Annex 2-A (Reduction or Elimination of Customs Duties). If the Parties agree to amend this Agreement in order to accelerate or broaden such scope, any agreed amendment such agreement shall supersede any duty rate or staging category for such good determined pursuant to their schedulesSchedules. Such an amendment shall come into effect in accordance with Article 17.5 (Amendments).