Value Added Content. For the purposes of this Chapter and product specific rules specified in Annex 3 to this Agreement, the formula for calculating value added content (hereinafter referred to as “VAC”) shall be: FOB value – Value of Non-Originating Materials FOB value x 100% where the value of non-originating materials shall be:
Appears in 5 contracts
Samples: Free Trade Agreement, Trade Agreement, trungtamwto.vn
Value Added Content. 1. For the purposes of this Chapter and product specific rules specified in Annex 3 to this Agreement4 – 4 (Product Specific Rules), the formula for calculating value added content (hereinafter referred to as “VAC”) shall be: FOB value – Value of Non-Originating Materials FOB value x 100% where the value of non-originating materials shall be:%
Appears in 2 contracts
Samples: Free Trade Agreement, Free Trade Agreement