Wholly Obtained and Minimal Operations or Processes Clause Samples

The 'Wholly Obtained and Minimal Operations or Processes' clause defines the criteria under which goods are considered to originate entirely from a particular country or region, typically for the purposes of trade agreements or customs regulations. It specifies that products must either be wholly produced or obtained in one country, such as minerals extracted or crops harvested there, or, if processed, only minimal operations that do not substantially alter the product are allowed. This clause ensures that only goods with genuine local origin benefit from preferential treatment, preventing minor or superficial processing in a country from qualifying products for trade advantages.
Wholly Obtained and Minimal Operations or Processes. The Technical Committee shall develop harmonized definitions of: - the goods that are to be considered as being wholly obtained in one country. This work shall be as detailed as possible; - minimal operations or processes that do not by themselves confer origin to a good. The results of this work shall be submitted to the Committee within three months of receipt of the request from the Committee.

Related to Wholly Obtained and Minimal Operations or Processes

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