The five top exported goods (wool, casein, meat, butter and cheese) are exclusively agricultural products and make up more than 70 per cent of total New Zealand exports to the
acceding Eastern European states, while it mainly imports from them various machinery and electrical equipment.
The paper is organised as follows: the next section reviews the literature on optimum currency area theory as it relates to the
acceding countries of Central and Eastern Europe.
Most
acceding countries wish to join ERM II soon after their accession and adopt the euro after the required minimum period of two years.
For example, suppliers should not be required to reissue or amend any invoices issued to customers in
Acceding Countries for intra-EU supplies made during the transition period where the supplier is able to demonstrate the taxable status of the customer by other supporting documentation.
Some officials were saying that Australia fears that
acceding to the TAC might temper Australia's plan, based on Howard's recent comments, to launch preemptive strikes if terrorists in neighboring nations were planning to attack Australia.
And, he goes on, "the medium- to long-term prospects are better still": educational attainment statistics in the region are encouraging, public expenditure on education is high, and training of the current workforce is already at the same level in the
acceding states as it is in Germany and France.
First, what is the appropriate time span, in economic and political economy terms, for individual
acceding countries to fulfil the Maastricht convergence criteria?
The organization urged the adoption of a transitional period until December 31, during which a customer's domestic VAT registration number in an
acceding country will be accepted as sufficient evidence of taxable status to support zero-rating of intra-EU trade, provided the supplier has reasonably confirmed that the customer is in business and likely to be VAT registered.
Acceding to the press release, a talk show at private TV Channel Geo News Aaj Kamran Khan K Sath has telecasted a report that the commission in its interim report has said that malfunctioning of price fixing mechanism has allowed oil companies to make over Rs 80 billion illegally.
Rossi responded to a March 22, 2004, letter from Stephen Bill of the European Commission on the practical implications of making intra-EC supplies of goods to VAT-registered customers in
Acceding Countries on or after 1 May 2004.
The figures also show that incoming students to the
acceding countries have increased by 25%.
Along with China, three other states -- Russia, Japan and India -- have expressed an interest in
acceding to it, Chem Widhya said.