Common use of Products Produced Exclusively From One or Both Parties Clause in Contracts

Products Produced Exclusively From One or Both Parties. A product shall be considered as originating in a Party if it has been produced in a Party exclusively from originating materials of one or both Parties.6 In general, it is not hard to judge whether a product qualifies as a wholly obtained product or a product produced exclusively from one or both Parties. Attention shall be given to the situation where products are not exclusively produced in one or both Parties, but undergo a substantial transformation. In such cases, different testing rules may be applicable in order to decide whether a product qualifies as originating from a Party, in cases where non-originating materials are used in the working or processing of such product.

Appears in 2 contracts

Sources: Free Trade Agreement, Free Trade Agreement