List of terms in glossary:
Provision under agreements between two countries/entities that allows each member of the agreement to use products originating in the other without the final good losing its originating status.
Goods produced from originating materials in one FTA country and further processed in the other, can then be exported back to the first country under preferential treatment. Without cumulation only the inputs originating in the exporting country could be counted towards the originating status.
Document representing the transport contract between the shipper and the carrier. It also constitutes proof of ownership of the goods.
Written information issued by national customs authorities in EU countries on the preferential or non-preferential origin of specific goods to be imported or exported.
Written information issued by national customs authorities in EU countries on how goods are classified in the Combined Nomenclature or a nomenclature based on it, such as the TARIC. Therefore, the BTI identifies the right tariff classification for the goods exported.
Political organisation, subgroup of the African, Caribbean and Pacific Group of States, that serves as a base for economic dialogue with the European Union. It was established in 1992. Its membership comprises the 15 Caribbean Community states, along with the Dominican Republic. All Participating States in CARIFORUM, with the exception of Cuba, are signatories to the ACP-EU Partnership Agreement or “Cotonou Agreement” and the EPA, respectively.
The member states are: Antigua and Barbuda, The Bahamas, Barbados, Belize, Cuba, Dominica, Dominican Republic, Grenada, Guyana, Haiti, Jamaica, St. Kitts and Nevis, Saint Lucia, St. Vincent and the Grenadines, Suriname and Trinidad and Tobago.
A method of exporting goods, where the exporter selects the carrier and pays the freight costs to the named destination. When the first carrier takes possession of the goods, all risks of loss or damage – including any increase in shipping costs – are transferred from the seller to the buyer. CIP indicates that the seller is required to provide insurance and pay the related premium.
Method of exporting goods, where the exporter pays for transport of goods to the named destination. The buyer is responsible for all risks of loss or damage, as well as any additional charges that may arise after the first carrier has taken possession of the goods. When the goods are delivered to the carrier, the responsibility for risk is transferred from the seller to the buyer.
The letters CE appear on many products traded on the extended Single Market in the European Economic Area (EEA). By affixing the CE marking to a product, a manufacturer declares that the product meets all the legal requirements for CE Marking and can be sold throughout the EEA without restriction. This also applies to products made in other countries that are sold in the EEA. The CE marking does not indicate that a product has been approved as safe by the EU or another authority. Not all products must have CE marking. It is compulsory only for most of the products covered by the New Approach Directives.
Certificate required by some customers, importing countries and industry sectors, proving that the quality and conformity of the goods have been inspected by a specialised inspection company.
Document issued by the competent governmental authorities certifying the country where the good was produced. For example, the EU's preferential arrangements with certain countries require a movement certificate EUR.1 or EUR-MED.