Common Market definition

Common Market means the Common Market for Eastern and Southern Africa (COMESA) established by Article 1 of the Treaty;

Common Market means the Common Market for Eastern and Southern Africa established by Article 1 of this Treaty;

Common Market means the Caribbean Common Market established by the Annex to the Treaty;

Examples of Common Market in a sentence

• Where a question is raised before any court or tribunal of a Member State concerning the application or interpretation of this Treaty or the validity of the regulations, directives and decisions of the Common Market, such court or tribunal shall, if it considers that a ruling on the question is necessary to enable it to give judgment, request the Court to give a preliminary ruling thereon.

• The Member States agree to recognise the status of the library situated at the Secretariat as the official depository library of the Common Market for the storage and retrieval of all documents, regulations, public notices, databases and other documents with regard to national development plans, official gazettes, central bank annuals, periodic reports and other documents as may be determined and notified by the library from time to time, with respect to the Member State.

• The Member States shall use harmonised documentation for the evaluation of the quality of goods for customs clearance for goods traded in the Common Market.

• There shall be a unit of account of the Common Market to be known as the Eastern and Southern Africa Currency Unit (ESACU) whose value shall be equal to one Special Drawing Right (SDR) of the International Monetary Fund or any other unit of account that may be determined by the Council from time to time on the recommendation of the Committee of Governors of Central Banks.

• Except as otherwise provided in this Treaty, any subsidy granted by a Member State or through state resources in any form whatsoever which distorts or threatens to distort competition by favouring certain undertakings or the production of certain goods shall, in so far as it affects trade between the Member States, be incompatible with the Common Market.

More Definitions of Common Market

Common Market means the Common Market of Eastern and Southern Africa established by Article 1 of the Treaty;

Common Market means the common market as defined under Article 1 of the Treaty;

Common Market means such of those States that are parties to the Treaty establishing the Caribbean Common Market;

Common Market means the Caribbean Common Market; “Comptroller” means the Comptroller of Customs;

Common Market means the Caribbean Common Market: “Comptroller” means the Comptroller of Customs and Excise; “container” includes any bundle or package and any box, cask or other

Common Market means the member states of the European Union; "Communication" has the meaning given to it in clause 4.2.3;

Common Market means until 1 May 1974, all States referred to in Schedule 1 and thereafter such of those States that are parties to the Treaty establishing the Caribbean Common Market;