AICO Products definition

AICO Products refer to the following: AICO Final Products shall be the final output which does not undergo any further processing within the specific AICO arrangement; or AICO Intermediate Products shall be products used within the AICO arrangement as an input to the AICO Final Product; or AICO Raw Materials shall be used as input to an intermediate product or as direct input to the AICO Final Product; which shall be reflected in the Certificate of Eligibility (▇▇▇) issued to the Participating Companies.
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Examples of AICO Products in a sentence

  • The AICO Arrangement shall be made up of Participating Companies incorporated and operating in different ASEAN Member Countries which seek to cooperate in the manufacture of AICO Products.

  • A Participating Company shall use the intermediate parts and raw materials only in the manufacture of AICO Products.

  • Subsequent applications from companies manufacturing the same AICO Products shall also be approved once the companies meet the eligibility criteria.

  • A prospective company in a non-participating Member Country could participate in an on-going AICO Arrangement if the non-participating country agrees to extend the preferential tariff rates to the AICO Products and upon the agreement of the existing Participating Countries.

  • A Participating Company shall be entitled to the following privileges under the AICO Scheme: approved AICO Products traded between Participating Companies shall enjoy preferential tariff rates of 0%-5%, the actual rate of which shall be determined by each Participating Country.

  • A prospective company in a non-participating Member Country could participate in an on- going AICO Arrangement if the non-participating country agrees to extend the preferential tariff rates to the AICO Products and upon the agreement of the existing Participating Countries.