Glossary search results for "K" (73)
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.
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".
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.
Rules, measures and regulations designed to protect human, animal and plant life and health, from risks arising from additives, contaminants, toxins or disease-causing organisms. They ensure food is safe for consumption.
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.
Tariff levied on imports, defined in terms of a specific amount per unit, such as cents per kilogram. By contrast, an ad valorem duty is a charge levied on imports defined in terms of a fixed percentage of value.
Refers to products that have been produced by using non-originating materials or were partially processed abroad. Rules of origin included in preferential trade arrangements contain a list which establishes, for each product, the required processing operations to be carried out in the partner country in order for the product to be considered as originating.
Multilingual database integrating all measures relating to EU customs tariff, commercial and agricultural legislation. The system gives all economic operators a clear view of measures to be taken when importing goods into the EU, or exporting goods from the EU.
Provision that allows a small amount of non-originating materials to be used in the production of the goods without affecting their originating status, as long as it does not exceed a certain threshold (usually set at around 10% or 15% of the ex-work price or weight of the good, depending on the preferential trade arrangement). However, if the product specific rule already allows the use of a percentage of non-originating materials, the tolerance cannot be used to exceed that amount. The tolerance rule is also known as ‘de minimis’.
Trade defence instruments are used to restore fairness and a level playing field when imports of a given product from a third country enter the EU at artificially low prices thereby harming the European manufacturing industry. They allow for additional duties to be added to imports into the EU when unfair trade is taking place.
Trade Defence instruments can only deal with low import prices if such prices are dumped, subsidized or if they trigger a sharp and unforeseen surge of imports.
Trade defence measures affect only around 1 % of the EU’s total import volumes.
The EU’s trade defence legislation, in line with World Trade Organisation rules, comprises instruments for: