An Agreement That Will Eliminate All Tariffs

The average EU tariff is quite low (around 2.8% for non-agricultural products), but in some sectors tariffs can be quite high. In this scenario, the EU would apply its tariffs on imported British products. The most cumbersome results of the Uruguay Round are the 22,500 pages that list each country`s obligations regarding certain categories of goods and services. These include commitments to reduce and withhold their tariffs on imports of products. In some cases, customs duties are reduced to zero. There is also a significant increase in the number of related tariffs that are set at the WTO and are difficult to increase. The Chairman of the Committee, Ambassador Julian Braithwaite (United Kingdom), informed members that 79 RTAs currently in force by 12 November, he acknowledged that the document referred to a forthcoming communication on some of the agreements on the list involving members of the Latin American Integration Association (LAIA). Members continue to debate whether and how certain LAIA agreements should be notified. A number of members also asked questions about the review of the Gulf Cooperation Agreement and asked GCC members to establish a clear timetable for determining when answers to the questions are expected. The graphs below show the reduction in tariffs for a number of product groups usually exported to Vietnam. In almost all cases, New Zealand exports already have zero tariffs through AANZFTA. The government has repeatedly said that it wants an EU-modeled free trade agreement with Canada.

It has already published details on the tariffs it will apply from January 2021 for countries with which it does not have a free trade agreement. But the government is also removing some of the tariffs it has calculated as an EU member, for example in areas where there is not as much British domestic production that needs to be protected. The CPTPP provides New Zealand with better access to the CPTPP region, where current access is severely limited by high tariffs and small quotas. The Market Access Map was developed by the International Trade Centre (ITC) to facilitate market access for businesses, governments and researchers. The database, which is visible via the online market access map tool, contains information on tariff and non-tariff barriers to trade in all active trade agreements, not limited to those that have been officially notified to the WTO. It also documents data on non-preferential trade agreements (e.g.B. Generalised System of Preferences). Until 2019, market access Map provided downloadable links to the text agreements and their rules of origin.

[27] The new version of Market Access Map, to be released this year, will provide direct web links to relevant contract sites and connect to other ITC tools, including the Rules of Origin Facilitator. It should become a versatile instrument to help businesses understand free trade agreements and qualify for the original requirements under these agreements. [28] *EVFTA tariff reduction calculations are based on the „staging category“ for goods covered by vietnam`s EVFTA nomenclature. . . .

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