Basic Duties. 1. For each product the basic duty, to which the successive reductions set out in this Agreement are to be applied, shall be the most-favoured-nation rate of duty (MFN rate) applied on 1 January 2001.
Appears in 5 contracts
Samples: Agreement, Agreement, Trade Agreement
Basic Duties. 1. For each product the basic duty, to which the successive reductions set out in this Agreement are to be applied, shall be the most-favoured-nation rate of duty (MFN rate) applied on 1 January 20012000.
Appears in 5 contracts
Samples: Trade Agreement, Trade Agreement, Trade Agreement
