Free Trade Area definition

Free Trade Area means the territories of the State Parties of the African Continental Free Trade Area; (m)“Generally Accepted Accounting Principles (GAAPs)" means a framework of accounting standards, rules and procedures defined by the accounting professional bodies and recognised by States Parties with respect to the recording of revenues, expenses, costs, assets, and liabilities, the disclosure of information, and the preparation of financial statements. Generally Accepted Accounting Principles may encompass broad guidelines for general application, as well as detailed standards, practices, and procedures1; (n) “Goods” means both Materials and Products; (o) “Heading” means the four-digit Headings used in the nomenclature which makes up the Harmonized System (Harmonised System); (p) “Manufacture" means any kind of working or processing including assembly or specific operations; (q) “Material” means any ingredient, raw material, component or part used in the Manufacture of a Product; (r) “Origin Declaration” means an appropriate statement as to the origin of the Goods made, in connection with their exportation by the manufacturer, Producer, supplier, Exporter or any other competent person on the commercial invoice or any other document relating to the Goods; (s) “Producer” includes a mining, manufacturing or agricultural enterprise or any other individual grower or craftsman who supplies Goods for export; (t) “Product” means the output of a manufacturing process, even if it is intended for later use in another manufacturing operation;
Sample 1Sample 2Sample 3
Free Trade Area means the territories of the States Parties of the African Continental Free Trade Area;
Sample 1Sample 2Sample 3
Free Trade Area means the territories of the State Parties of the African Continental Free Trade Area;
Sample 1Sample 2

Examples of Free Trade Area in a sentence

  • The provisions under point 1 and 2 of this Article do not refer to the advantages and privileges which one Contracting Party may grant to investors of Third States by virtue of their membership of a Customs or Economic Union, of a Common Market, of a Free Trade Area, of a multilateral economic Agreement or under agreements signed in order to prevent double taxation or to facilitate cross border trade.

  • Be a national of an EU Member States or of the Member States of the European Free Trade Area (EFTA), except where the Executive Director grants a derogation; 2.

  • The provisions under paragraphs 1 and 2 of this Article do not refer to the advantages and privileges which one Contracting Party may grant to investors of Third States by virtue of their membership to a Customs or Economic Union, a Common Market, to a Free Trade Area, to a regional or sub-regional Agreement, to an international multilateral economic Agreement or under Agreements to avoid double taxation or to facilitate cross border trade.

  • The undersigned hereby declares that the above details On the basis of control carried out, it is hereby certified that the and statements are correct; that all the goods were information herein is correct and that the goods described comply produced in with the origin requirements specified in the Agreement Establishing the ASEAN-Australia-New Zealand Free Trade Area.

  • For complete classification of this Act to the Code, see References in Text note set out under section2501 of Title 19, Customs Duties, and Tables.The North American Free Trade Area Implementa- tion Act, referred to in subsec.

  • It then shows, for each pair of economies, their current memberships in FTAs (denoted “F”) as reported to the Downloaded from http://direct.mit.edu/adev/article-pdf/31/2/1/1641915/adev_a_00035.pdf by guest on 22 May 20216The TPP has, of course, a much larger overlap with the countries of the North American Free Trade Area (NAFTA).

  • The undersigned hereby declares that the above details and On the basis of control carried out, it is hereby certified that the statements are correct; that all the goods were produced in information herein is correct and that the goods described comply with the origin requirements specified in the Agreement Establishing the ASEAN-Australia-New Zealand Free Trade Area.

  • It also proposes the completion of a Free Trade Area by 2015 (2018 for a very limited number of industrial goods).

  • In witness Whereof, the undersigned, being duly authorised thereto by their respective Governments, have signed this Agreement on Common Effective Preferential Tariff (CEPT) Scheme for the Free Trade Area (AFTA).

  • The Commission’s annual report on the implementation of the Deep and Comprehensive Free Trade Area shall include a detailed assessment of the implementation of the trade-liberalisation measures provided for in this Regulation and shall include, insofar as appropriate, an assessment of the social impact of those measures in Ukraine and in the Union.


More Definitions of Free Trade Area

Free Trade Area. A arrangement between a number of countries whereby most tariffs and non-tariff barriers are abolished.
Sample 1
Free Trade Area. (FTA) means that at least two countries partly or fully eliminate tariff barriers on their internal border. In contrast to PTA, it usually covers a much wider set of product lines and issues including movement of capital, goods and people. In order to prevent neighboring countries from abusing these preferences within the FTA, rules of origins should be observed strictly. Each exporting good originating from the territory of the FTA member country should be certified. Otherwise goods would be imported into the FTA member state with the lowest tariff and afterwards transferred to the country with higher tariffs. NAFTA with its thousand-paged text, which mostly describes rules of origins, is a perfect example.
Sample 1
Free Trade Area means a common market or a grouping of countries in which allowing for a Passive Sales is mandatory as detailed in Exhibit 1.
Sample 1
Free Trade Area. All barriers are removed on trade among members but each nation retains its own barriers on trade with nonmembers. Example: The European Free Trade Area (EFTA) formed in 1960 by Austria, Denmark, Norway, Portugal, the U.K., Sweden, and Switzerland.
Sample 1

Related to Free Trade Area

  • ILUA Area means the geographical area in relation to which the Framework ILUA applies, as specified in Schedule 2 of the Framework ILUA;

  • CONE Area means the areas listed in Tariff, Attachment DD, section 5.10(a)(iv)(A) and any LDAs established as CONE Areas pursuant to Tariff, Attachment DD, section 5.10(a)(iv)(B).

  • Storage area means any location, facility, or vehicle which is used to store, to transport, or to secure a radiographic exposure device, a storage container, or a sealed source when it is not in use and which is locked or has a physical barrier to prevent accidental exposure, tampering with, or unauthorized removal of the device, container, or source.

  • Carpet Area means the net usable floor, area of an Flat/Apartment, excluding the area covered by the external walls, areas under services shafts, excluding balcony or verandah area and exclusive open terrace, but includes the area covered by the internal partition walls of the flat/apartment;

  • mixed-use building means a building or structure containing a residential and non- residential use other than a home occupation;

  • Outside Areas means all areas within the Property which are located outside the buildings, such as pedestrian walkways, parking areas, landscaped areas, open areas and enclosed trash disposal areas.

  • Exclusive Use Area means a part or parts of the common property for the exclusive use by the owner or owners of one or more sections;

  • Easement Area means the area of the servient lot marked on the survey-strata plan as being subject to the relevant easement; and

  • Adjacent area means the area outside the affected area or permit area where air, surface or ground water, fish, wildlife, vegetation or other resources protected by Chapter 1513. of the Revised Code, determined according to the context in which "adjacent area" is used, are or reasonably could be expected to be adversely affected by proposed coal mining and reclamation operations including probable impacts from underground workings. With respect to underground mining operations, "adjacent area" shall include, at a minimum, the surface areas above full coal recovery areas.

  • Lot area means the total horizontal area within the lot lines of a lot.

  • the LA area means the area in respect of which is the local authority.

  • Survey Area means the area of land or waters the subject of a Survey, or proposed to be the subject of a Survey.

  • Blighted area means an area in which a majority of buildings have declined in productivity by reason of obsolescence, depreciation or other causes to an extent they no longer justify fundamental repairs and adequate maintenance.

  • Contributory drainage area means the area from which stormwater runoff drains to a stormwater management measure, not including the area of the stormwater management measure itself.

  • Market Area means any location or geographic area within 75 miles of a location where the Company or its Affiliates conducts Business, or has plans to conduct Business of which Executive is aware, during the period of Executive’s employment with the Company.

  • Drainage area means a geographic area within which stormwater, sediments, or dissolved materials drain to a particular receiving waterbody or to a particular point along a receiving waterbody.

  • Underground area means an underground room, such as a basement, cellar, shaft or vault, providing enough space for physical inspection of the exterior of the tank situated on or above the surface of the floor.

  • Tight-fitting facepiece means a respiratory inlet covering that forms a complete seal with the face.

  • bicycle parking space – visitor means an area that is equipped with a bicycle rack for the purpose of parking and securing bicycles, and:

  • Buffer area means an area of natural or established vegetation managed to protect other components of a Resource Protection Area and state waters from significant degradation due to land disturbances.

  • Coastal area means coastal area as defined in section 22a-93(3) of the Connecticut General Statutes. “Coastal waters” means coastal waters as defined in section 22a-93(5) of the Connecticut General Statutes. “Commissioner” means commissioner as defined in section 22a-2(b) of the Connecticut General Statutes.

  • Passenger area means the area designed to seat the driver and passengers while a motor vehicle is in operation and any area that is readily accessible to the driver or a passenger while in his or her seating position, including but not limited to any type of glove or storage compartment accessible to passengers or driver.

  • Licence Area means the area constituted by the blocks that are the subject of a licence;

  • Mobile home space means a parcel of land for rent which has been designed to accommodate a mobile home and provide the required sewer and utility connections.

  • Cultivation site means a location where cannabis is planted, grown, harvested, dried, cured, graded, or trimmed, or a location where any combination of those activities occurs.

  • Play area means an area of frequent soil contact by children of less than six years of age as indicated by, but not limited to, factors including the following: the presence of play equipment (sandboxes, swing sets, and sliding boards), toys, or other children’s possessions, observations of play patterns, or information provided by parents, residents, caregivers, or property owners.