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List of terms in glossary:
EU trade policy works externally on two complementary levels: multilateral and bilateral. The “multilateral” level refers to the system of trading rules agreed by all WTO member countries.
Designates the “economic nationality” of the goods and shall not to be confused with "provenance". A good's origin determines what duties, measures, equivalent taxes, quantitative restrictions and obligations apply.
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Originating means fulfilling all applicable rules of origin in an EU preferential trade arrangement. These are (i) wholly obtained or produced products, or (ii) products that fulfil the product specific rules. Products produced exclusively from these originating materials are also considered originating. See also non-originating materials.
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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.
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.
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.
Article 3.2 of the EU- Japan Economic Partnership Agreement
Products that have been produced exclusively from originating materials (i.e. materials that have already obtained their originating status because they are wholly obtained or fulfilled product specific rules or through cumulation) will always be considered as originating products.
Document declaring that the goods fulfill the rules of origin laid down in a certain preferential trade arrangement, thus supporting the claim for preferential treatment under that preferential trade arrangement. There are different types of proof of origin, depending on the preferential trade arrangement such as a certificate of origin issued by the customs administration or public authority or a statement on origin / an invoice declaration / an origin declaration made out by an exporter.
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Specific numerical limits on the quantity or value of goods that can be imported (or exported) during a specific period.