Local goods means goods wholly or partly produced or manufactured or assembled in the Republic
Local goods means materials and/or equipment mined, grown or produced in Trinidad and Tobago, whether through manufacturing, processing or assembly. An article, which is produced by manufacturing, processing or assembly, must differ substantially in its basic characteristics, purpose or utility from any of its imported components. Manufactured goods would be considered to be of local origin if the cost of the local materials, labour and services used to produce the item constitute not less than fifty (50) per cent of the cost of the finished product.
Local goods means materials and/or equipment mined, grown or produced in Trinidad and Tobago, whether through manufacturing or processing. An article, which is produced by manufacturing or processing, must differ substantially in its basic characteristics, purpose or utility from any of its imported components. Manufactured goods would be considered to be of local origin if the total cost of the local materials, labour and services used to produce the item constitute not less than fifty
Examples of Local goods in a sentence
Local goods can only be sold within the region of production, while tradables are sold everywhere in the world (whereby trade costs arise), including the own region.
Further details on the ARMC’s activities are set out on pages 36 to 38 of the Annual Report.
Local goods shall lose their customs status when they leave the customs territory of the Republic of Bulgaria.
Table 8 reports the shares of imported and exportables for each product category and the 19 Local goods are typically not branded.
Local goods may be marketed by the TNCs under foreign brand names.
More Definitions of Local goods
Local goods means supplies and products extracted, grown, produced, generated, processed or manufactured in the County and for this purpose, a ‘good’ shall be considered to be locally made or manufactured in the County if the cost of local materials, labor and services used in the making or manufacture of such goods constitutes at least fifty percent of the cost of the finished product;
Local goods means GOODS produced in Brazil or nationalized.
Local goods means goods produced or manufactured in BVI. Local Services means services rendered by persons ordinarily resident or ordinarily carrying on business in BVI. Loan means, unless otherwise stated in this Agreement, the principal amount of each borrowing under this Agreement or the principal amount outstanding of that borrowing. Major Project Party means:
Local goods means materials and/or equipment mined, grown or produced in Trinidad and Tobago,
Local goods means materials or equipment mined, produced or manufactured in Kenya and for this purpose, a good shall be considered to be manufactured, processed or assembled if it differs substantially in its basic characteristic, purpose or utility or in the case of a manufactured good, if the cost of local materials, labour and services used in the manufacture of such goods constitutes at least fifty percent of the cost of the finished product;
Local goods means materials or equipment mined, produced or manufactured in Kenya and for this purpose, a good shall be considered to be manufactured, processed or assembled if it differs substantially in its basic characteristic, purpose or utility or in the case of a manufactured good, if the cost of local materials, labour and services used in the manufacture of such goods constitutes at least fifty percent of the cost of the finished product;“local person” means a person, firm or entity performing works, services or supplying goods and materials to an operator, whether as a subcontractor or otherwise, whose business enterprise is incorporated under the Laws of Kenya and whose principal place of business is in Kenya and which is effectively owned and controlled by a Kenyan national;“operator” means a person, firm or entity licensed by the Government to undertake exploration, development and extraction activity with respect to natural resource in the extractive industry; and“value chain” means sequential stages in the extractive industry life cycle including exploration and development, production, treatment, transportation, refining, or other beneficiation, and distribution.
Local goods means that we will stock a range of goods sourced from: