Glossary search results for "K" (73)
List of terms in glossary:
Materials, that do not qualify as originating under an EU preferential trade arrangement including materials whose origin is unknown or not possible to determine.
In the framework of a trade agreement, products have originating status in a partner country if they are (i) wholly obtained or produced products, or (ii) products that fulfill the product specific rules. Products produced exclusively from these originating materials are also considered originating.
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.
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, 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.
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.
List of working or processing operations which must be done on non-originating materials in order for the product to obtain originating status (and therefore benefit from the preferential tariff treatment provided under that preferential trade arrangement). These rules are part of the Protocol/Chapter on rules of origin in each preferential trade arrangement.