Rules of Origin


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Rules of Origin

Regulations determining where a product was created for the purpose of determining what tariff, if any, applies. In general, rules of origin consider a product to come from the country where the last substantial change occurred. For example, suppose raw material comes from Britain, is sent to Russia for refining and then is finished in Japan. If the final product is sent to the United States, rules of origin generally consider it as having come from Japan.
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References in periodicals archive ?
The types of NTMs reported by exporters in the manufacturing sector are predominantly rules of origin and TBTs.
If you have very restrictive rules of origin, such that it's very difficult to meet the requirements, then not a lot of people are going to be interested," he said.
Approval by one more country is needed for the rules of origin to take effect.
Businessmen also face tough obstacles abroad, saying that their exports to the EU have dropped, due to stricter rules of origin regulations.
Every one of these free trade agreements has preferential rules of origin, and their complexity and diversity may distort sourcing decisions.
Majlis Al-Shura also approved a request for ratification of a draft rules of origin for trade preferences among the member states of the Organization of the Islamic Conference, Dr.
According to a statement issued by the Ministry of Textile Industry on Saturday, Bangladesh has not given this facility to Pakistani fabric but with the change of rules of origin (RoO) in January 2010 which favour single stage transformation to their garments manufacturer and will allow Pakistan fabric this facility.
AaAaAaAa In a statement to Oman News Agency (ONA) he added that 'during the last round, the participants will discuss a number of technical issues related to the agreement, such as, rules of origin.
Aiming to boost intra-continental trade, three of Africa's leading regional trade blocs - the East African Community (EAC), the Common Market for Eastern and Southern Africa (COMESA) and the Southern African Development Community (SADC) - have simplified the rules of origin to be applied by member states.
Hala Al Yousfi, Rules of Origin and Economic Agreements Section Manager.