Staging. In addition to the staging categories listed in paragraph 1 of Annex 2-A, this Schedule contains staging categories 20-A, 20-B, PR-1 and PR-130: (a) customs duties on originating goods provided for in the items in staging category “20-A” shall remain at base rates during years one through 10. Beginning on January 1 of the year 11, customs duties shall be removed in ten equal annual stages, and such goods shall be duty-free, effective January 1 of year 20; (b) customs duties on originating goods provided for in the items in staging category “20-B” shall remain at base rates during years one through 12. Beginning on January 1 of the year 13, customs duties shall be removed in eight equal annual stages, and such goods shall be duty-free, effective January 1 of year 20; (c) customs duties on originating goods provided for in the items in staging category “PR-1” shall be reduced by one percent of the base rate on the date this Agreement enters into force; and (d) customs duties on originating goods provided for in the items in staging category “PR-130” shall be reduced to 130 percent ad valorem in ten equal annual stages beginning on the date this Agreement enters into force, and such goods shall remain at 130 percent ad valorem, effective January 1 of year 10.
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Sources: Trade Agreement, Trade Agreement
Staging. In addition to the staging categories listed in paragraph 1 of Annex 2-A, this Schedule contains staging categories 2015-A, 20-BPR-8, PR-1 PR-15, PR-35 and PR-130PR-50:
(a) customs duties on originating goods provided for in the items in staging category “20category“15-A” shall remain at base rates during years one through 10. Beginning on January 1 of the year 11, customs duties shall be removed in ten five equal annual stages, and such goods shall be duty-free, effective January 1 of year 2015;
(b) customs duties on originating goods provided for in the items in staging category “20-BPR-8” shall remain at base rates during years one through 12. Beginning on January 1 be reduced by eight percent of the year 13, customs duties shall be removed base rate in eight five equal annual stagesstages beginning on the date this Agreement enters into force, and such goods shall be duty-freeremain at 92 percent of the base rate, effective January 1 of year 20five;
(c) customs duties on originating goods provided for in the items in staging category “PR-1PR-15” shall be reduced by one 15 percent of the base rate on the date this Agreement enters into force; and
(d) customs duties on originating goods provided for in the items in staging category “PR-130” shall be reduced to 130 percent ad valorem in ten five equal annual stages beginning on the date this Agreement enters into force, and such goods shall remain at 130 85 percent ad valoremof the base rate, effective January 1 of year 10.five;
(d) customs duties on originating goods provided for in the items in staging category “PR-35” shall be reduced by 35 percent of the base rate in five equal annual stages beginning on the date this Agreement enters into force, and such goods shall remain at 65 percent of the base rate, effective January 1 of year five; and
Appears in 2 contracts
Sources: Trade Agreement, Trade Agreement