Free Trade Area definition

Free Trade Area means the territories of the State Parties of the African Continental Free Trade Area; (m)“Generally Accepted Accounting Principles (GAAPs)" means a framework of accounting standards, rules and procedures defined by the accounting professional bodies and recognised by States Parties with respect to the recording of revenues, expenses, costs, assets, and liabilities, the disclosure of information, and the preparation of financial statements. Generally Accepted Accounting Principles may encompass broad guidelines for general application, as well as detailed standards, practices, and procedures1; (n) “Goods” means both Materials and Products; (o) “Heading” means the four-digit Headings used in the nomenclature which makes up the Harmonized System (Harmonised System); (p) “Manufacture" means any kind of working or processing including assembly or specific operations; (q) “Material” means any ingredient, raw material, component or part used in the Manufacture of a Product; (r) “Origin Declaration” means an appropriate statement as to the origin of the Goods made, in connection with their exportation by the manufacturer, Producer, supplier, Exporter or any other competent person on the commercial invoice or any other document relating to the Goods; (s) “Producer” includes a mining, manufacturing or agricultural enterprise or any other individual grower or craftsman who supplies Goods for export; (t) “Product” means the output of a manufacturing process, even if it is intended for later use in another manufacturing operation;
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Free Trade Area means the territories of the States Parties of the African Continental Free Trade Area;
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Free Trade Area. All barriers are removed on trade among members but each nation retains its own barriers on trade with nonmembers. Example: The European Free Trade Area (EFTA) formed in 1960 by Austria, Denmark, Norway, Portugal, the U.K., Sweden, and Switzerland.
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Examples of Free Trade Area in a sentence

  • Free rates of duty in the special subcolumn followed by the symbol "IL" are applicable to products of Israel under the United States-Israel Free Trade Area Implementation Act of 1985 (IFTA), as provided in general note 8 to the HTS.

  • Stern, Computational Analysis of the Free Trade Area of the Americas (FTAA).

  • See United States (U.S.)-Jordan: Agreement Between The United States of America and the Hashemite Kingdom of Jordan on The Establishment of a Free Trade Area, supra n.

  • Free rates of duty in the special subcolumn followed by the symbol "IL" are applicable to products of Israel under theUnited States-Israel Free Trade Area Implementation Act of 1985 (IFTA), as provided in general note 8 to the HTS.

  • Products of Israel, as defined in subdivision (b) of this note, imported into the customs territory of the United States and entered under a provision for which a rate of duty appears in the "Special" subcolumn followed by the symbol "IL" in parentheses are eligible for the tariff treatment set forth in the "Special" subcolumn, in accordance with section 4(a) of the United States-Israel Free Trade Area Implementation Act of 1985 (99 Stat.

  • Deliveries from the United States shall be accompanied by a special U.S. Certificate of Origin for Export to Israel issued in accordance with the U.S.-Israel Free Trade Area Agreement duly notarized and certified by a recognized Chamber of Commerce, if applicable; failing which the Supplier shall pay the cost of customs.

  • The products of Israel described in Annex 1 of the Agreement on the Establishment of a Free Trade Area between the Government of the United States of America and the Government of Israel, entered into on April 22, 1985, are subject to duty as provided herein.

  • Each Party recognizes the importance of cooperation and coordination among their authorities to further effective competitive law enforcement in the Free Trade Area.

  • Buyer acknowledges that the Products and any technical data related thereto is licensed or sold subject to and controlled by the export laws of the United State (“US”) including its Export Administration Regulations, the European Union (“EU”) and countries within the European Free Trade Area (“EFTA”) (collectively the “Export Control Laws”) and Buyer hereby agrees not to export, re-export or otherwise distribute Products, or direct products thereof, in violation of any Export Control Laws.

  • The undersigned hereby declares that the above details and On the basis of control carried out, it is hereby certified that the statements are correct; that all the goods were produced in information herein is correct and that the goods described comply with the origin requirements specified in the Agreement Establishing the ASEAN-Australia-New Zealand Free Trade Area.


More Definitions of Free Trade Area

Free Trade Area. A arrangement between a number of countries whereby most tariffs and non-tariff barriers are abolished.
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Free Trade Area means the territories of the State Parties of the African Continental Free Trade Area;
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Free Trade Area. (FTA) means that at least two countries partly or fully eliminate tariff barriers on their internal border. In contrast to PTA, it usually covers a much wider set of product lines and issues including movement of capital, goods and people. In order to prevent neighboring countries from abusing these preferences within the FTA, rules of origins should be observed strictly. Each exporting good originating from the territory of the FTA member country should be certified. Otherwise goods would be imported into the FTA member state with the lowest tariff and afterwards transferred to the country with higher tariffs. NAFTA with its thousand-paged text, which mostly describes rules of origins, is a perfect example.
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Free Trade Area means a common market or a grouping of countries in which allowing for a Passive Sales is mandatory as detailed in Exhibit 1.
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Related to Free Trade Area

  • ILUA Area means the geographical area in relation to which the Framework ILUA applies, as specified in Schedule 2 of the Framework ILUA;

  • CONE Area means the areas listed in Tariff, Attachment DD, section 5.10(a)(iv)(A) and any LDAs established as CONE Areas pursuant to Tariff, Attachment DD, section 5.10(a)(iv)(B).

  • Free Trade Agreement country means Australia, Bahrain, Canada, Chile, Colombia, Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Korea (Republic of), Mexico, Morocco, Nicaragua, Panama, Peru, or Singapore.

  • Storage area means any location, facility, or vehicle which is used to store, to transport, or to secure a radiographic exposure device, a storage container, or a sealed source when it is not in use and which is locked or has a physical barrier to prevent accidental exposure, tampering with, or unauthorized removal of the device, container, or source.

  • Carpet Area means the net usable floor, area of an Flat/Apartment, excluding the area covered by the external walls, areas under services shafts, excluding balcony or verandah area and exclusive open terrace, but includes the area covered by the internal partition walls of the flat/apartment;

  • Free Trade Agreement country construction material means a construction material that—

  • mixed-use building means a building or structure containing a residential and non- residential use other than a home occupation;

  • Outside Areas means all areas within the Property which are located outside the buildings, such as pedestrian walkways, parking areas, landscaped areas, open areas and enclosed trash disposal areas.

  • Downtown area means the business area of a community that is centrally located within the community within the context of the Iowa main street program.

  • Exclusive Use Area means a part or parts of the common property for the exclusive use by the owner or owners of one or more sections;

  • Easement Area means the area of the servient lot marked on the survey-strata plan as being subject to the relevant easement; and

  • Adjacent area means the area outside the affected area or permit area where air, surface or ground water, fish, wildlife, vegetation or other resources protected by Chapter 1513. of the Revised Code, determined according to the context in which "adjacent area" is used, are or reasonably could be expected to be adversely affected by proposed coal mining and reclamation operations including probable impacts from underground workings. With respect to underground mining operations, "adjacent area" shall include, at a minimum, the surface areas above full coal recovery areas.

  • Lot area means the total horizontal area within the lot lines of a lot.

  • the LA area means the area in respect of which is the local authority.

  • Survey Area means the area of land or waters the subject of a Survey, or proposed to be the subject of a Survey.

  • Blighted area means an area in which a majority of buildings have declined in productivity by reason of obsolescence, depreciation or other causes to an extent they no longer justify fundamental repairs and adequate maintenance.

  • Contributory drainage area means the area from which stormwater runoff drains to a stormwater management measure, not including the area of the stormwater management measure itself.

  • Market Area means: (1) New York County, New York, and (3) any geographic area in which the Company is conducting any material amount publishing or development of technology during the Term, and for which he has material responsibilities or about which he has material Confidential Information; and

  • Free Trade Agreement country end product means an article that—

  • Drainage area means a geographic area within which stormwater, sediments, or dissolved materials drain to a particular receiving waterbody or to a particular point along a receiving waterbody.

  • Underground area means an underground room, such as a basement, cellar, shaft or vault, providing enough space for physical inspection of the exterior of the tank situated on or above the surface of the floor.

  • Tight-fitting facepiece means a respiratory inlet covering that forms a complete seal with the face.

  • bicycle parking space – visitor means an area that is equipped with a bicycle rack for the purpose of parking and securing bicycles, and:

  • Buffer area means an area of natural or established vegetation managed to protect other components of a Resource Protection Area and state waters from significant degradation due to land disturbances.

  • Coastal area means coastal area as defined in section 22a-93(3) of the Connecticut General Statutes. “Coastal waters” means coastal waters as defined in section 22a-93(5) of the Connecticut General Statutes. “Commissioner” means commissioner as defined in section 22a-2(b) of the Connecticut General Statutes.

  • Passenger area means the area designed to seat the driver and passengers while a motor vehicle is in operation and any area that is readily accessible to the driver or a passenger while in his or her seating position, including but not limited to any type of glove or storage compartment accessible to passengers or driver.