Glossary search results for "O" (8)
List of terms in glossary:
Initial name of the World Organisation for Animal Health, which addresses international standards concerning animal health.
The official publication of record for the European Union. EU legislation can only become legally binding once it has been published in the Official Journal.
Designates the “economic nationality” of the goods and shall not to be confused with "provenance". A good's origin determines what duties, measures, equivalent taxes, quantitative restrictions and obligations apply.
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Originating means fulfilling all applicable rules of origin in an EU preferential trade arrangement. These are (i) wholly obtained or produced products, or (ii) products that fulfil the product specific rules. Products produced exclusively from these originating materials are also considered originating. See also non-originating materials.
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Materials that are originating in a party to a certain preferential trade arrangement because they meet rules of origin set out in that preferential trade arrangement. See also ‘Originating status’.
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Products that are originating in a party to a trade arrangement because they meet rules of origin set by a given preferential trade arrangement, and therefore can benefit from the preferential duty rates of that preferential trade arrangement. See also ‘Originating status’.
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In the framework of a trade agreement, products have originating status in a partner country if they are (i) wholly obtained or produced products, or (ii) products that fulfill the product specific rules. Products produced exclusively from these originating materials are also considered originating.
OCTs are administrative units spreading from the Poles to the Tropics, associated with the European Union. All are islands, of which three have no permanent population.
Although small in either size or population, or both, due to their constitutional relationships with Denmark, France and the Netherlands, the OCTs play an important role as outposts of the Union in the areas where they are located, but do not, however, form part neither of the EU territory, nor of the EU single market.