Butter Clause Samples

Butter. The UK will fully liberalise butter duties in 6 equal reductions over 5 years. During this time, a duty-free transitional quota will be made available for originating butter imports from New Zealand. This quota will open at 7,000MT from entry into force and will build in equal annual instalments to 15,000MT at Year 5. Butter will be duty free, quota free from Year 6 onwards. The UK will fully liberalise cheese duties in 6 equal reductions over 5 years. During this time, a duty-free transitional quota will be made available for originating cheese imports from New Zealand. This quota will open at 24,000MT from entry into force and will build in equal annual instalments to 48,000MT at Year 5. Cheese will be duty free, quota free from Year 6 onwards. Duties on fresh apples exported from 1 January to 31 July will be fully liberalised from entry into force. For fresh apples exported from 1 August to 31 December the UK will fully liberalise duties in equal instalments over 3 years. During this time, a seasonal, duty-free transitional quota will be made available for originating fresh apple imports from New Zealand. This quota will be set at 20,000MT per year for 3 years. Fresh apples will be duty free, quota free year-round from Year 4 onwards. New Zealand will manage the administration of all transitional volumes for the products set out above. No additional conditions or restrictions will apply, beyond those set out in respect of sheep meat. Customs duties on all other UK tariff lines will either be eliminated on entry into force of the agreement, or in a small number of cases will be removed in equal reductions over 3 or 7 years. New Zealand and the UK commit to rules of origin that will facilitate trade and reflect modern production processes and global value chains. The commitments will create simple and efficient processes for traders and customs authorities to prove and confirm the originating status of goods. Commitments in the rules of origin chapter will include: Efficient and low-cost processes to prove originating status of goods, minimising the amount of paperwork at the border for traders and customs authorities. Producers, exporters and importers will be able to declare the origin and claim tariff preferences on their goods. No requirement for verification visits by the importing country to ascertain if goods being imported into its territory are originating. New Zealand and the UK will explore how the agreement’s cumulation provisions could be ext...