Common use of Transit and Transshipment Clause in Contracts

Transit and Transshipment. An originating good shall not lose such status when it is exported from a Party to another Party and during its transportation it passes by the territory of one Party or by the territories of one or more non-Parties, as long as it fulfills the following requirements: (a) the transit is justifiable by geographical reasons or by considerations relative to requirements of international transportation; (b) the good has not been destined for trade, consumption, and use in the countries of transit;