Asia-Pacific Trade Agreement Rules Of Origin

The fourth round, launched in October 2007, was to be closed by the Third Council of Ministers in October 2009. The objective of this round is to extend preference coverage to at least 50% of the number of customs positions of each member and to at least 20 to 25% of the value of bilateral trade. In addition, a customs concession of at least 50% (on average) will be introduced. (c) the formula for calculating the content of non-native materials and their requirement to obtain the original character in accordance with Rule 3 (a) is: (c) satisfy the shipping conditions set out in the rules of origin of the Asia-Pacific trade agreement. As a general rule, products must be shipped directly from the export country to the destination country under Rule 6. The Asia-Pacific Trade Agreement (APTA) is a preferential regional trade agreement, formerly known as the Bangkok Agreement. The AptA aims to promote the economic development of its members by adopting mutually beneficial trade liberalization measures that contribute to regional trade expansion and economic cooperation. Over time, it has focused, from the first negotiations on tariff concessions in trade in goods, to the current negotiations on investment liberalization, trade in services and trade facilitation. It is also constantly working to improve and modernize its rules of origin for the trade in goods.

For products originating from the least developed participating states, a favourable rate of 10 percentage points may be granted for the percentages set in Rules 4 and 5. For Article 4, therefore, the percentage would not exceed 65% and, for Article 5, this percentage would not be less than 50%. b) comply with the rules of origin of the Asia-Pacific trade agreement. Each item in a batch must apply to itself; and (h) parts or raw materials obtained from used objects that are unable or unable to meet their original purpose; 3. Enter the letter “D” in box 8 for products that meet the specific criteria of origin under Rule 11. (e) Whether or not the requirements of Rule 2, point b) are met, the following transactions or procedures are considered insufficient to confer the status of native products: the Asia-Pacific Trade Agreement (APTA), formerly known as the Bangkok Agreement[1] and renamed on November 2, 2005[2], was signed in 1975. It is the oldest preferential trade agreement between countries in the Asia-Pacific region.