Sensitive Products definition
Examples of Sensitive Products in a sentence
Consultations confirm that Japan and Canada are still seeking flexibility to designate additional tariff lines under the "Sensitive Products" category.
It remains to be seen whether Members are prepared to agree any further flexibility in designation of "Sensitive Products" beyond that already provided in paragraph 71 and, if so, what payment would be required for such designation.
ASEAN Protocol on the Special Arrangement for Sensitive and Highly Sensitive Products.
Addendum Interest Sensitive Products Whenever an Interest Sensitive Product is reinsured hereunder, the following modifications to the agreement shall apply.
The annotation to paragraph 71 reads "Japan and Canada have declared themselves not to be in a position to agree to this [the right of developed country Members to designate up to 4 percent of tariff lines as "Sensitive Products"] limitation".
Single Life YRT rates for Interest Sensitive Products are adjusted for multiple table extras using the following formula: YRTraterated = 1000 x { min[1-(1-YRTrateunrated /1000)multiple rating , 1] } * the multiple rating is expressed as a decimal, i.e., if it is a 250% rating, then 2.5 is used.
Transitional periods/Phasing/ Exclusion of Sensitive Products Transitional periods have been proposed in the EC’s market access for rice and sugar.3 CARIFORUM has also proposed that other relevant exclusions and phasing needs be considered on a product rather than a country basis.4 The proposed offer divides the phased reduction list into four separate phasing periods (10, 15, 20 and 25 years, with appropriate moratoria) according to either revenue or production sensitivity.
Mix of tariff cuts and TRQ expansion for Sensitive Products TRQs Reduce in-quota tariffs and improve administration (as part of balance of concessions).