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Common use of Release of Goods Clause in Contracts

Release of Goods. 1. Each Party shall adopt or maintain simplified customs procedures for the efficient release of goods in order to facilitate trade between the Parties. This paragraph shall not require a Party to release a good where its requirements for release have not been met. 2. In accordance with paragraph 1, each Party shall adopt or maintain procedures that: (a) provide for the release of goods as rapidly as possible after arrival, provided all other regulatory requirements have been met; and (b) as appropriate, provide for advance electronic submission and processing of information before the physical arrival of goods with a view to expediting the release of goods. 3. Each Party shall endeavour to adopt and maintain a system under which goods in need of urgent clearance can obtain prompt customs clearance.

Appears in 7 contracts

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