Local Value Addition definition

Local Value Addition means the enhancement of value of the unit price of the imported goods made at the factory and it is calculated by using the following equation.
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Examples of Local Value Addition in a sentence

  • Both Bangladesh and Egypt had their concerns regarding the RoO on different basis: Bangladesh’s proposal of 30% Local Value Addition (LVA) for LDCs. Egypt proposed 50% based on its concern that the proposed LVA in the agreement is too low.

  • For complete details on Benefits and other provisions of the Contract, please refer to the Contract on file with the Group.

Related to Local Value Addition

  • Retail value of a prize means:

  • Eligible Equipment means Equipment of the Company or a Grantor which the Administrative Agent, in the exercise of its reasonable commercial discretion, determines to be Eligible Equipment. Without limiting the discretion of the Administrative Agent to establish other criteria of ineligibility, Eligible Equipment shall not (unless otherwise agreed to by the Administrative Agent) include any Equipment:

  • Historical cost means the actual cost incurred in

  • Service Equipment means any equipment, Software, systems, cabling and facilities provided by or on behalf of Verizon and used to facilitate provision of the Services at a Customer Site. Ownership of the Service Equipment does not pass to Customer. Service Equipment does not include Verizon Facilities.

  • Original Cost means the total amount paid to purchase a security, including any transaction charges related to the purchase;