List of terms in glossary:
The quantity of goods of a specific kind that may be imported into a country without restriction or imposition of additional duties.
Form of diagonal cumulation, which exists only under the generalised system of preferences (GSP) and operates between members of a regional group of beneficiary countries (e.g. ASEAN).
Related content:
Requirement for a minimum percentage of a good to be produced in the producer’s local region, in order to qualify as originating.
The system of certification of origin of goods that applies for the Generalised System of Preference (GSP) of the European Union since 1 January 2017. It is based on a principle of self-declaration of conformity by economic operators, who complete themselves so-called statements on origin.To be entitled to make out a statement on origin, economic operators will have to be registered in a database by the competent authorities of the country where they are operating their business. The economic operator will become a "registered exporter".
Related content:
Allows two or more products from different origins to be combined during production while still qualifying for preferential treatment under trade agreements.
Rules of origin are the criteria needed to determine the national source of a product. Their importance is derived from the fact that duties and restrictions in several cases depend upon the source of imports. Rules of origin differ widely from country to country and from trade agreement to trade agreement While the requirement of substantial transformation is universally recognised, some countries or trade agreements apply the criterion of change of tariff classification, others the ad valorem percentage criterion and yet others the criterion of manufacturing or processing operation.
Related content:
Safeguard measures can be taken when an industry is affected by an unforeseen, sharp and sudden increase of imports of a given product and producers cannot reasonably be expected to adapt immediately to the changed trade situation. It differs from the anti-dumping and anti-subsidy instruments in that it does not deal with unfairly traded imports, thus applying to all countries exporting the product.
Standards to protect human, animal, or plant life from risks arising from additives, contaminants, toxins or disease-causing organisms in foods, beverages, or feedstuffs.
Administrative document used in the EU for trade with non-EU countries and for the movement of non-EU goods within the EU. The SAD ensures openness in national administrative requirements, rationalises and reduces paperwork, minimises the amount of information asked for, standardises and harmonises data.
Southern African Development Community