Tariff rate. Quota 1. For products in respect of which China establishes a Tariff-Rate Quota (hereinafter referred to as “TRQ”) in its Schedule to Annex 2-A, China shall apply in-quota tariff rates at 15% to imports of such products of Nicaraguan origin up to the quantity for each year as specified in Annex 2-C after the entry into force of this Agreement. 2. Imports of such products of Nicaraguan origin in excess of the specified quantity in Annex 2-C in any given calendar year shall be subject to tariff rates at 50%.
Appears in 4 contracts
Samples: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement
