Common use of TRADE IN GOODS Clause in Contracts

TRADE IN GOODS. ASEAN and Japan decide to progressively eliminate duties and other restrictive regulations of commerce (except, where necessary, those permitted under Article XXIV (8) (b) of the General Agreement on Tariffs and Trade 1994 in Annex 1A to the WTO Agreement (“GATT”)) on substantially all trade in goods in order to establish an FTA between ASEAN and Japan which will include, but will not be limited, to the following: