COTED definition

COTED means the Council for Trade and Economic Development, an Organ of the Community so named in paragraph 2(b) of Article 10 of the Treaty;

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COTED means the Council for Trade and Economic Development referred to in Article 10 of the Treaty;

COTED means the Council for Trade and Economic Development of the Caribbean Community;

Examples of COTED in a sentence

• Suspension of the CET to permit importation at reduced or zero duty is by decision of the Council For Trade and Economic Development (COTED) or by the Secretary-General (SG) acting under delegated authority.

• A little over one month before the expiration of that suspension, Trinidad and Tobago applied for a further suspension of the CET and the implementation of a tariff of 50% from 1 January 2021 to 31 December 2021, and this was also approved by COTED.

• With respect to the procedure followed by Trinidad and Tobago and COTED, the Court first stated that Part C of the Revised Procedures and Forms, although formally not operative, should nevertheless be followed in its essence or spirit, if not to the letter.

• A Member State may apply to COTED for authorization to suspend the applicable Common External Tariff on an item and, in place thereof, apply a higher or a lower tariff.

• With respect to the other challenges brought by the Claimants, the Court reminded the parties, referring to the foundational 2009 case of Trinidad Cement Limited v Caribbean Community, that, in CET matters, COTED has a broad discretion and that the Court will only interfere with such a decision if it is manifestly wrong.

• The Court rejected the submission that the objective of expansion of trade with third States had been prejudiced by the COTED Decision.

• The Member States shall establish and maintain a common external tariff in respect of all goods which do not qualify for Community treatment in accordance with plans and schedules set out in relevant determinations of COTED.

• Any alteration or suspension of the Common External Tariff on any item shall be decided by COTED.

• Where the Council endorses a recommendation pursuant to paragraph 1, and commends it to COTED for approval, the States Parties shall, upon the approval of COTED, adopt appropriate legal and administrative arrangements to give effect to the decision of COTED within their respective jurisdictions.

• T he Council shall report annually to COTED which shall determine the policy of CROSQ, particularly the establishment or adoption of regional standards and technical regulations.

More Definitions of COTED

COTED means the Council for Trade and Economic Development of the Caribbean Community (CARICOM);

COTED means the organ of CARICOM named as the Council for Trade and Economic Development in paragraph 2(c) of Article 10 of the Revised Treaty;

COTED means the Council for Trade and Economic Development;

COTED means the Council for Trade and Economic Development which is an organ of the Community established under Article 15 of the Revised Treaty;

COTED means the Council for Trade and Economic Development referred to in Article 15 of the Revised Treaty; “designated air carrier” means an air carrier which has been designated in accordance with Article 6;