Regional Value Content. 1. The Regional Value Content (RVC) criterion shall be calculated as follows: where: RVC is the regional value content, expressed as a percentage; V is the value of the product, as defined in the Customs Valuation Agreement, adjusted on an FOB basis; and VNM is the value of the non-originating materials, including materials of undetermined origin, as provided in paragraph 2.
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Samples: Trade Agreement, Trade Agreement, Trade Agreement
Regional Value Content. 1. The For the purposes of the Regional Value Content (hereinafter referred to as "RVC") criterion requirement provided in Annex 3-A, the RVC shall be calculated as follows: whereRVC = FOB – VNM / FOB × 100 Where: RVC is the regional value content, expressed as a percentage; V is the value of the product, as defined in the Customs Valuation Agreement, adjusted on an FOB basis; and VNM is the value of the non-originating materials, including materials of undetermined origin, as provided in paragraph 2.
Appears in 1 contract
Samples: Free Trade Agreement
Regional Value Content. 1. The Regional Value Content criterion (RVC) criterion shall be calculated as follows: whereRVC= FOB - VNM FOB ×100% Where: RVC is the regional value content, expressed as a percentage; V is the value of the product, as defined in the Customs Valuation Agreement, adjusted on an FOB basis; and VNM is the value of the non-originating materials, including materials of undetermined origin, as provided in paragraph 2.
Appears in 1 contract
Samples: Trade Agreement
Regional Value Content. 1. The Regional Value Content (RVC) criterion shall be calculated as follows: RVC = V-VNM/V x 100% where: RVC is the regional value content, expressed as a percentage; V is the value of the product, as defined in the Customs Valuation Agreement, adjusted on an FOB basis; and VNM is the value of the non-originating materials, including materials of undetermined origin, as provided in paragraph 2.
Appears in 1 contract
Samples: Free Trade Agreement
Regional Value Content. 1. The Regional Value Content (RVC) criterion of a good shall be calculated as follows: on the basis of following method: where: RVC is the regional value content, expressed as a percentage; V is the value of the product, as defined in the Customs Valuation Agreement, adjusted on an FOB basis; and VNM is the value of the non-originating materials, including materials of undetermined origin, as provided in paragraph 2.
Appears in 1 contract
Samples: Trade Agreement
Regional Value Content. 1. The For the purposes of the Regional Value Content (hereinafter referred to as “RVC”) criterion requirement provided in Annex 3-A, the RVC shall be calculated as follows: whereRVC = FOB – VNM × 100 FOB Where: RVC is the regional value content, expressed as a percentage; V is the value of the product, as defined in the Customs Valuation Agreement, adjusted on an FOB basis; and VNM is the value of the non-originating materials, including materials of undetermined origin, as provided in paragraph 2.
Appears in 1 contract
Samples: Trade Agreement