Preferential Tariff Rates definition

Preferential Tariff Rates means the advanced CEPT rates fixed by Participating Countries within the range of 0% to 5%.
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Preferential Tariff Rates means the advanced CEPT rates fixed by Participating Countries within the range of 0% to 5%, "National Authorities" shall mean the relevant authorities of ASEAN Member Countries responsible for the approval of an AICO application and the granting of privileges.
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Examples of Preferential Tariff Rates in a sentence

  • Participating Countries shall grant the Preferential Tariff Rates within 60 days from the date of the issuance of the ▇▇▇ by the ASEAN Secretariat.