Search results for: “trade agreements act of 1979”
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Customs Valuation Code
A uniform system for valuing imports for the application of customs duties. The agreement is a product of the Tokyo Round of multilateral trade negotiations. It provides for five methods of valuing imported merchandise. Transaction value is the price actually paid or payable for the goods, with […]
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Standards Agreement
Officially, the Agreement on Technical Barriers of Trade, an understanding among trading nations arising from the Tokyo Round of trade negotiations, signed at Geneva in April 1979, with the object of eliminating so-called technical barriers to trade. U. S. participation in the agreement is authorize…
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Final List
A listing of products upon which a unique standard of valuation was applied for duty purposes. Prior to 1958 duties were applicable on virtually all imports on the basis of foreign value or export value, whichever was higher. The foreign value was the price at which goods were freely offered for con…
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American Selling Price
A method formerly employed in the United States to establish the value for duty of a limited number of imported products. Under the ASP scheme, an imported product's value for duty was based upon the selling price of like products manufactured in the United States, irrespective of the price the …
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Aircraft Agreement
A product of the Tokyo Round of Multilateral Trade Negotiations, the Aircraft Agreement (known officially as the Agreement on Trade in Civil Aircraft) provides that sales of civil aircraft will be free of duty, effective January 1, 1980. The agreement also provides duty-free treatment for flight sim…
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European Investment Bank
Summary of European Investment Bank A multilateral development bank established in 1958 by the Treaty of Rome for the purpose of assisting in the balanced growth of the European economic community (read this and related legal terms for further details) (EEC). The bank grants long-term loans […]
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European Investment Bank
Summary of European Investment Bank A multilateral development bank established in 1958 by the Treaty of Rome for the purpose of assisting in the balanced growth of the European economic community (read this and related legal terms for further details) (EEC). The bank grants long-term loans […]
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Framework Agreement
Framework Agreement and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Framework Agreement: A package of agreements negotiated during the Tokyo Round, dealing with (a) differential and […]
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Interpol
International Criminal Police Organization (Interpol) Interpol-Washington "Presently providing cooperation among police agencies of 181 nations, Interpol is in the United States represented by the U.S. National Central Bureau, also called Interpol-Washington, which is directed by the […]
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International Arbitration
International arbitration is the settlement by a mutually acceptable third party of disputes between sovereign states. Modern international arbitration began with the conclusion of Jay's Treaty (1794) by Great Britain and the United States. Numerous disputes were arbitrated during the 19th […]
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International Arbitration
International arbitration is the settlement by a mutually acceptable third party of disputes between sovereign states. Modern international arbitration began with the conclusion of Jay's Treaty (1794) by Great Britain and the United States. Numerous disputes were arbitrated during the 19th […]
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Foreign Investment
THE ROLE IN THE PROTECTION AND PROMOTION OF FOREIGN INVESTMENT OF: The World Bank Convention on the Settlement of Investment Disputes (ICSID); The Convention establishing the Multilateral Investment Guarantee Agency; and Bilateral Investment Protection Agreements (IPPAs). (London, 1994) The […]
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Foreign Investment
THE ROLE IN THE PROTECTION AND PROMOTION OF FOREIGN INVESTMENT OF: The World Bank Convention on the Settlement of Investment Disputes (ICSID); The Convention establishing the Multilateral Investment Guarantee Agency; and Bilateral Investment Protection Agreements (IPPAs). (London, 1994) The […]
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Tokyo Round
The seventh, and latest, round of multilateral trade negotiations sponsored by the General Agreement on Tariffs and Trade (read about the GATT for further details). Running from 1973 to 1979, the Tokyo Round resulted in…
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Tokyo Round
The seventh, and latest, round of multilateral trade negotiations sponsored by the General Agreement on Tariffs and Trade (read about the GATT for further details). Running from 1973 to 1979, the Tokyo Round resulted in…