Tariff Reduction and Elimination Modality. Singapore and Australia eliminated all tariffs upon entry into force of the Agreement. There are no exemptions.
Tariff Reduction and Elimination Modality. On January 1, 2004, ASEAN and China implemented an Early Harvest Program (EHP) for early tariff reduction and elimination for selected products, covering most of the products from HS Chapters 1 through 8, and approximately 130 specific manufactured products (not under HS Chapters 84, 85 or 87). On November 29, 2004, the two sides signed the TIG Agreement, which formally entered into force in July 2005. Under the TIG Agreement,China and ASEAN-6 agreed to eliminate tariffs on 90% of products by 2010, with flexibility for certain products until January 1, 2012. Cambodia, Laos, Myanmar and Vietnam agreed to eliminate tariffs on 90% of products by 2015, with flexibility for certain products until January 1, 2018. The remaining 10% of products are deemed as sensitive. The TIG Agreement covers a total of 7,000 tariff lines. The tariff reduction and elimination modality is comprised of several tracks: EHP, Normal Track 1 (NT1), NT2, and Sensitive Track, which is divided into the Sensitive List (SL) and the Highly Sensitive List (HSL). Normal Track (NT1 and NT2)
Tariff Reduction and Elimination Modality. Under KSFTA, Singapore eliminated all customs duties on all originating goods from Korea as of the date of entry into force of the Agreement. Korea eliminated customs duties on approximately 75% of Singapore’s imports upon entry into force of the FTA, while other goods will have their customs duties reduced over a five to ten year period in accordance with the Tariff Elimination Schedule set forth in Annex 3A. The Agreement adopted the use of HS 2007 codes on January 1, 2008.
Tariff Reduction and Elimination Modality. The ASEAN-India TIG Agreement covers approximately 90% of the total tariff lines traded among the Parties. Of the approximately 5,000 items traded between ASEAN and India, 10% will not be eligible for any tariff reduction and fall under the Exclusion List. The remaining 4,000 items fall into one of the following categories: the Normal Track (divided into two sub-tracks), the Sensitive Track, Special Products, and Highly Sensitive List. The base rate, or starting point for duty reduction or elimination, is indicated for each item in each Party’s schedule. Normal Track Normal Tracks 1 and 2 cover 80% of total tariff lines. Tariffs will be completely eliminated for goods covered under the Normal Track in accordance with the schedule below: Normal Track 1 From January 1, 2010 to December 31, 2013 for Brunei, Indonesia, Malaysia, Singapore and Thailand, and India for these Parties. From January 1, 2010 to December 31, 2018 for the Philippines and India. From January 1, 2010 to December 31, 2013 for India, and from January 1, 2010 to December 31, 2018 for Cambodia, Laos, Myanmar and Vietnam. Normal Track 2 From January 1, 2010 to December 31, 2016 for Brunei, Indonesia, Malaysia, Singapore and Thailand, and India. From January 1, 2010 to December 31, 2019 for the Philippines and India. From January 1, 2010 to December 31, 2016 for India, and from January 1, 2010 to December 31, 2021 for Cambodia, Laos, Myanmar and Vietnam. The details regarding the tariff lines under HS Chapters 84, 85 and 87 in the Normal Track can be accessed at xxxx://xxxxxxxx.xxx.xx/trade/international_ta_indasean.asp Sensitive Track Under the Sensitive Track, applied MFN tariffs that are above 5% will be reduced to 5% in accordance with the tariff reduction schedules below: From January 1, 2010 to December 31, 2016 for Brunei, Indonesia, Malaysia, Singapore and Thailand, and India. From January 1, 2010 to December 31, 2019 for the Philippines and India. From January 1, 2010 to December 31, 2016 for India, and from January 1, 2010 to December 31, 2021 for Cambodia, Laos, Myanmar and Vietnam. Parties are allowed to maintain applied MFN tariff rates of 5% for up to 50 tariff lines. For the remaining tariff lines, applied MFN tariff rates must be reduced to 4.5% upon entry into force of the Agreement for ASEAN-61 and 5 years from entry into force of the Agreement for Cambodia, Laos, Myanmar, and Vietnam. The AIFTA preferential tariff rate for these tariff lines will be further...
Tariff Reduction and Elimination Modality. Japan and Malaysia will progressively reduce or eliminate tariffs on 97% of all products within 10 years from the entry into force of the Agreement. Both sides will immediately eliminate tariffs on textile and clothing, agriculture and wood products. Malaysia will progressively eliminate tariffs on rubber, plastics, paper, and downstream paper products over 6-8 years. With respect to chemicals, iron and steel, paper products and automotive parts and components, Malaysia will progressively eliminate or reduce tariff over 10 years. In return, Japan has granted tariff free treatment on 6,613 industrial products, forestry products and tropical fruits upon entry into force. Malaysia will progressively eliminate or reduce tariffs on other products within 10 years. For certain products, such as automotive products, both sides agreed to continue progressive liberalization after the entry into force of JMEPA. Tariff Reduction Modality: HS 84, 85, 00 Xxxxx eliminated all tariffs on products under HS Chapters 84, 85 and 87 upon the entry into force of the Agreement. Malaysia’s tariff modality for HS 84, 85 and 87 under JMEPA provides for both immediate tariff elimination and staged reduction as follows.
Tariff Reduction and Elimination Modality. The FTA’s tariff reduction and elimination modality is classified into staging categories that range from immediate elimination to gradual elimination over 20 years. Upon entry into force of the Agreement, the EU will eliminate tariffs on 76.6% of tariff lines and will gradually reduce tariffs to zero percent on a further 19.2% of tariff lines by 2012. Korea will immediately eliminate tariffs on 69.4% of tariff lines on entry into force of the Agreement and will gradually reduce tariffs to zero percent on a further 30% of tariff lines by 2012. Thus, the EU and Korea will eliminate tariffs on 95.8% and 99.1% of tariff lines respectively, by 2012. Rice products and a limited number of agricultural products will be excluded from tariff elimination. The base rate, or starting point for duty reduction/elimination, is indicated for each item in each Party’s schedule. There are a total of 20 categories in the tariff reduction and elimination modality; however, several of these apply only to certain products, mainly agricultural products. The modality categories applicable to products under HS Chapters 84, 85 and 87 include: Category 0 Items under this category are subject to zero duty upon entry into force of the Agreement, and include all traded products that are not listed in other categories.
Tariff Reduction and Elimination Modality. Singapore eliminated all tariffs upon entry into force of the Agreement. Japan initially eliminated 77% of tariffs, and then eliminated a further 15% of tariffs after the amendment in 2007. Tariff elimination was immediate for all products except 10 petrochemical items, whose tariffs Japan reduced to zero percent by January 1, 2010. JSEPA eliminated all tariffs on HS Chapters 84, 85 and 87 upon entry into force for both Parties.
Tariff Reduction and Elimination Modality. Singapore eliminated all tariffs upon entry into force of the Agreement. The United States agreed to eliminate all tariffs within a staged period of 10 years, with 92% of tariffs eliminated within four years after entry into force of the Agreement. The tariff reduction and elimination modality for the United States is as follows: Category Tariff Reduction Stages Date of entry into US duty-free A Immediate elimination January 1, 2004
Tariff Reduction and Elimination Modality. Tariff reduction and elimination under JIEPA has two modalities, namely the general modality and the Users’ Specific Duty Free Scheme (USDFS). Under the general modality, Japan and Indonesia immediately eliminated 80% and 58% of product tariff lines, respectively, upon JIEPA’s entry into force. Indonesia will reduce or eliminate the remaining tariffs over 3 to 15 years, excluding the sensitive list which comprises 9% of tariff lines. Japan will reduce or eliminate most of the remaining tariffs within 3 to 10 years with some agricultural goods within 15 years. Japan’s sensitive list, which includes rice, wheat, and meat, holds 10% of tariff lines equivalent to 1% of total trade value. The number of tariff lines eliminated will be 93% for Japan within 7 years and over 90% for Indonesia within 10 years after entry into force of the Agreement Under the USDFS modality, the Indonesian government will provide a 0% duty on imported raw materials from Japan that are used in certain steel-based industries and industry drivers. These industrial sectors include (i) automotive vehicles and parts, (ii) construction machinery and heavy equipment, (iii) electricity, and (iv) energy, including oil and gas. The raw materials are under HS Chapters 28, 29, 38, 39, 40, 68, 70, 72 and 73, with a significant number of products particularly under HS Chapters 72 and 73. The goods imported into Indonesia must meet user requirements of the originating goods with respect to product specification, grade, quantity, and delivery time. In addition, the goods (i) must not compete directly with goods produced by the domestic Indonesian industry, and will be used directly in the aforementioned industries; or (ii) are imported for users who are in Bonded Zones, Bonded Piling Locations or Bonded Warehouses and Special Economic Zones. In the case of petroleum, gas and electric power, the goods must be used in a project in which Japanese or Indonesian investors hold a substantial share. The Parties will review USDFS terms and conditions for petroleum, gas and electric power in the fourth year of the agreement, i.e. 2012. In general, the Parties will review the list of products under USDFS after five years. The respective industries may participate in the USDFS consultations, if appropriate. JIEPA provides for the USDFS under Schedule of Indonesia Note 2 in Section 1 of Part 3 of Annex 1 referred to in Chapter 2 in Basic Agreement and its Operational Procedures. Indonesia subsequently issued imp...
Tariff Reduction and Elimination Modality. Australia and the United States agreed to eliminate customs duties on all goods from the other Party. Australia eliminated 97% of tariffs on imports of non-agricultural products, excluding textiles and clothing, upon entry into force of the Agreement. The United States eliminated more than 99% of tariffs on imports of non-agricultural products from Australia upon entry into force. All tariffs for non-agricultural products will be zero by 2015 for both Parties. Duty rates for the majority of products under HS Chapters 84, 85 and 87 were either already at zero percent prior to the entry into force of the Agreement or were reduced to zero upon AUSFTA’s entry into force.
