Common use of Transshipment Clause in Contracts

Transshipment. A good shall not be considered to be an originating good by reason of having undergone production that satisfies the requirements of Article IV.1 if, subsequent to that production, the good: (a) undergoes further production or any other operation outside the territories of the Parties, other than unloading, reloading or any other operation necessary to preserve it in good condition or to transport the good to the territory of a Party; (b) does not remain under customs control while outside the territories of the Parties; or (c) enters into trade or consumption in the territory of a non-Party.