Glossary search results for "K" (73)
List of terms in glossary:
Refers to the structure of the Harmonised Commodity Description and Coding System, know as the Harmonised System (HS). A chapter is a 2-digit number; a heading is a 4-digit number; a subheading is a 6-digit number. For example: Chapter 10: cereals; heading 10.06: rice; subheading 1006.30: semi-milled or wholly milled rice, whether or not polished or glazed.
The list of traded goods, based on the harmonised system, which makes it possible to apply the Common Customs Tariff and other EU policies, as well as to compile statistics on foreign trade.
Document accompanying goods that is filled by the shipper. It serves as proof that a contract for carriage has been concluded and describes its content. It also serves as a receipt when goods are picked up from the shipper and delivered to the recipient.
A method of exporting goods, where the seller pays for the carriage of goods by sea to the port of destination as well as for the maritime insurance policy against the risk of loss or damage to goods during transport. Costs related to loading onto the ships and export formalities are also borne by the seller. Until the loading of the goods onto a transport ship is complete, the seller bears the costs of any loss or damage to the product. Further, if the product requires additional customs or export paperwork or requires inspections or rerouting, the seller must cover these expenses. Once the freight loads, the buyer becomes responsible for all other costs.
Treaty between the European Union and the African, Caribbean and Pacific Group of States (ACP countries). Signed in June 2000, it constitutes the framework for cooperation between the members of the ACP countries and the EU. The fundamental principles of the Cotonou Agreement include equality of partners, global participation (states and non-state actors), dialogue and regionalisation.
Countervailing duties, also known as anti-subsidy duties, are import duties imposed under World Trade Organization (WTO) rules and aimed to neutralise the negative effects of subsidies. They are imposed after an investigation finds that a foreign country subsidises its exports, injuring domestic producers in the importing country.
Method of exporting goods where the seller is responsible for all stages, including customs clearing and paying any duties or taxes. The risks and costs are transferred only when the goods are delivered to the buyer. In general, the seller is responsible also for unloading the goods.
Method of exporting goods where the seller's obligations have been met once the goods have been made available to the buyer at the named destination in the country of import.
The seller bears the risks and costs in connection with the transport to that location, with the exception of duties, taxes and other official levies payable upon import and excluding the costs for customs formalities to be fulfilled. The buyer is liable for any duties, taxes or other official charges required upon import.
Provision under agreements between more than two countries, that allows members to use products originating in the others without the final good losing its originating status.
Goods produced from originating materials in one FTA country and further processed in another, can then be exported back to any of the member countries under preferential treatment. Without cumulation only the inputs originating in the exporting country could be counted towards the originating status.
Occurs when a country or company exports a product at a price that is lower in the foreign importing market than the price in the exporter's domestic market, in order to gain market share and harm other competitors.