Common use of Base Rate of Customs Duties Clause in Contracts

Base Rate of Customs Duties. For each product, the base rate of customs duties, to which the successive reductions set out in Annex E are to be applied, shall be the most-favoured nation (hereinafter referred to as “MFN”) customs duty rate applied on 1 January 2007.

Appears in 2 contracts

Sources: Free Trade Agreement, Free Trade Agreement

Base Rate of Customs Duties. For each product, the base rate of customs duties, to which the successive reductions set out in Annex E are to be applied, shall be the most-favoured nation (hereinafter referred to as "MFN") customs duty rate applied on 1 January 2007.

Appears in 2 contracts

Sources: Free Trade Agreement, Free Trade Agreement