Common use of Trade between Canada and Mexico Clause in Contracts

Trade between Canada and Mexico. As required by Article 302, Canada and Mexico each shall progressively eliminate its respective customs duties on originating textile and apparel goods of the other Party, in accordance with its respective Schedule to Annex 302.2, as follows: (a) duties on textile and apparel goods provided for in the items in staging category A in a Party's Schedule shall be eliminated entirely and such goods shall be dutyfree, effective January 1, 1994; (b) duties on textile and apparel goods provided for in the items in staging category Bl in a Party's Schedule shall be removed in six equal annual stages beginning on January 1, 1994, and such goods shall be dutyfree, effective January 1, 1999; (c) duties on textile and apparel goods provided for in the items in staging category B+ in a Party's Schedule shall be reduced by the following percentages of the base rates, beginning on January 1, 1994, and such goods shall be dutyfree, effective January 1, 2001 (i) January 1, 1994, 20 percent (ii) January 1, 1995, 0 percent (iii) January 1, 1996, 10 percent (iv) January 1, 1997, 10 percent (v) January 1, 1998, 10 percent (vi) January 1, 1999, 10 percent (vii) January 1, 2000, 10 percent (viii) January 1, 2001, 30 percent and (d) duties on textile and apparel goods provided for in the items in staging category C in a Party's Schedule shall be removed in 10 equal annual stages beginning on January 1, 1994, and such goods shall be dutyfree, effective January 1, 2003.

Appears in 3 contracts

Samples: Textile and Apparel Goods Agreement, North American Free Trade Agreement, North American Free Trade Agreement

AutoNDA by SimpleDocs

Trade between Canada and Mexico. As required by Article 302, Canada and Mexico each shall progressively eliminate its respective customs duties on originating textile and apparel goods of the other Party, in accordance with its respective Schedule to Annex 302.2, as follows: (a) duties on textile and apparel goods provided for in the items in staging category A in a Party's Schedule shall be eliminated entirely and such goods shall be dutyfreeduty-free, effective January 1, 1994; (b) duties on textile and apparel goods provided for in the items in staging category Bl in a Party's Schedule shall be removed in six equal annual stages beginning on January 1, 1994, and such goods shall be dutyfreeduty-free, effective January 1, 1999; (c) duties on textile and apparel goods provided for in the items in staging category B+ in a Party's Schedule shall be reduced by the following percentages of the base rates, beginning on January 1, 1994, and such goods shall be dutyfreeduty-free, effective January 1, 2001 (i) January 1, 1994, 20 percent, (ii) January 1, 1995, 0 percent, (iii) January 1, 1996, 10 percent, (iv) January 1, 1997, 10 percent, (v) January 1, 1998, 10 percent, (vi) January 1, 1999, 10 percent, (vii) January 1, 2000, 10 percent, (viii) January 1, 2001, 30 percent percent; and (d) duties on textile and apparel goods provided for in the items in staging category C in a Party's Schedule shall be removed in 10 equal annual stages beginning on January 1, 1994, and such goods shall be dutyfreeduty-free, effective January 1, 2003.

Appears in 1 contract

Samples: Annex on Textile and Apparel Goods

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!