Glossary search results for "P" (12)
List of terms in glossary:
Indicates how the goods for export are packed. It identifies the contents of the boxes and gives the volume, weight and dimensions of each parcel in the consignment. Customs agents will request the list when goods are exported or imported, and operators and customers must be able to produce it.
System of cumulation of origin between the EU, EFTA States, Turkey, the countries which signed the Barcelona Declaration, the Western Balkans and the Faroe Islands.
The PEM Convention on rules of origin aims at establishing common rules of origin and cumulation among 25 Contracting Parties (the EU, EFTA, Balkan countries, Southern and Eastern neighbourhood FTA partners) and the EU to facilitate trade and integrate the supply chains within the zone.
The location (point of delivery) where goods are unloaded or signed for.
Practice of employing specialised private companies to check shipment details of goods ordered overseas, such as price, quantity, quality, etc. It ensures that production complies with the governing specification, contract, or purchase order.
Rules of origin applied in a preferential trade arrangement.
In the framework of a trade agreement, the predetermined maxim volume of goods originating in a specified country/territory that can benefit at import from favourable rates of duty.
Requires that the working or processing must be carried out on the territory of the parties. Modern manufacturing processes mean it is not always possible to meet this requirement. It may be necessary to do some processing in a country not party to the preferential arrangement. Some arrangements allow such external working or processing, provided that it conforms to certain specified conditions. Failure to comply with the specified conditions will result in the returning product being treated as non-originating.
Origin criteria in the product specific rules. A product is considered originating if it underwent certain processing operations specified in the product specific rules.
Article 3.2 of the EU- Japan Economic Partnership Agreement
Products that have been produced exclusively from originating materials (i.e. materials that have already obtained their originating status because they are wholly obtained or fulfilled product specific rules or through cumulation) will always be considered as originating products.