Basic Duties. 1. For each product, the basic duty to which successive reductions set out in this Agreement are to be applied shall be the Most Favored Nation (MFN) duty that was in force in the Parties on the date of entry into force of this Agreement.
Appears in 4 contracts
Samples: Free Trade Agreement, Trade Agreement, Trade Agreement
Basic Duties. 1. For each product, the basic duty to which successive reductions set out in this Agreement are to be applied shall be the Most Favored Nation (MFN) duty that was in force in the Parties on the date of entry into force of this Agreement, unless otherwise specified in Annexes referred to in Article 12 and Article 16.
Appears in 3 contracts
Samples: Trade Agreement, Trade Agreement, Trade Agreement
Basic Duties. 1. For each productgood, the basic duty to which the successive reductions set out in this Agreement are as indicated in its Tariffs Schedules to Annex 2-C (Tariff Elimination) to be applied for imports between the Parties, shall be the Most Favored Favoured Nation (MFN) duty that was in force in the Parties on the date of entry into force of this Agreement1 January 2015.
Appears in 1 contract
Samples: Free Trade Agreement
