Common use of Customs Valuation Clause in Contracts

Customs Valuation. 1. The Customs Valuation Agreement and any successor Agreement shall govern the customs valuation rules applied by the Parties to their trade. To this end, the Customs Valuation Agreement and any successor Agreement, as well as the WTO Decisions of Committee on Customs Valuation, are incorporated into and made part of this Agreement, mutatis mutandis. 2. The custom laws of the Parties shall comply with Article VII of GATT 1994 and the Customs Valuation Agreement. Article 214. Agricultural safeguard measures

Customs Valuation. 1. The Customs Valuation Agreement and any successor Agreement shall govern the customs valuation rules applied by the Parties to their trade. To this end, the Customs Valuation Agreement and any successor Agreement, as well as the WTO Decisions of Committee on Customs Valuation, are incorporated into and made part of this Agreement, mutatis mutandis. 2. The custom laws of the Parties shall comply with Article VII of GATT 1994 and the Customs Valuation Agreement. Article 214. Agricultural safeguard measures.