Glossary search results for "X" (98)
List of terms in glossary:
Form of diagonal cumulation, which exists only under the generalised system of preferences (GSP) and operates between members of a regional group of beneficiary countries (e.g. ASEAN).
Related content:
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".
Related content:
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.
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.
Sub-Saharan Africa is, geographically, the area of the continent of Africa that lies south of the Sahara. The UN Development Program lists 46 of Africa's 54 countries as "sub-Saharan", excluding Algeria, Djibouti, Egypt, Libya, Morocco, Somalia, Sudan and Tunisia.
Subsidies are when a government provides unfair financial assistance to its companies to produce or export goods at artificially low prices. The subsidies must be specific i.e. given to a particular company, group of companies, sector or region.
In an export-import context, the number of units in a consignment. The measurement used depends in the type of goods.
EU online database for customs tariffs
https://ec.europa.eu/taxation_customs/dds2/taric/taric_consultation.jsp?Lang=en&SimDate=20200303
A tariff is a customs duty or tax levied on imports of merchandise goods. Most of the time a tariff is an ad valorem tariff (percentage of value) or a specific tariff (e.g. $100 per ton). Less often, it can be a compound tariff made up of both of these elements applies. Tariffs are mostly levied on imports, but there are cases of tariffs on exports. Tariffs raise revenue for the government and increase the prices of imported products, thus giving domestically produced products a price advantage.
Related content: