Glossary search results for "Y" (151)
List of terms in glossary:
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.
System of cumulation of origin between the EU, EFTA States, Türkiye, 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.
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.
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.
Document declaring that the goods fulfill the rules of origin laid down in a certain preferential trade arrangement, thus supporting the claim for preferential treatment under that preferential trade arrangement. There are different types of proof of origin, depending on the preferential trade arrangement such as a certificate of origin issued by the customs administration or public authority or a statement on origin / an invoice declaration / an origin declaration made out by an exporter.
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Specific numerical limits on the quantity or value of goods that can be imported (or exported) during a specific period.
