The Regional Value Content. 1. Annex 4.1 (where specific rules of origin) specifies a regional value content test to determine whether a product is originating, each Party shall provide to the person requesting preferential tariff treatment for the good to calculate the regional value content based on one of the following methods: (a) Reduction method is -vmn VCR - = X 100 Is (b) Method of VMO increase VCR - = X 100 Is Where: The regional value content VCR is expressed as a percentage; It is the adjusted value Vmn is the value of non-originating materials used by the producer in the production of the good; and VMO is the value of originating materials used by the producer in the production of the good.
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Sources: Free Trade Agreement, Free Trade Agreement, Free Trade Agreement