Common use of Normal Track Clause in Contracts

Normal Track. Tariff lines placed in the Normal Track by each Party on its own accord shall have their respective applied MFN tariff rates gradually reduced and eliminated in accordance with the modalities set out in Annex 1 of this Agreement with the objective of achieving the targets prescribed in the thresholds therein.

Appears in 9 contracts

Samples: Agreement on Trade, Agreement on Trade, Agreement on Trade

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