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Tariff Reduction and Elimination

By:3rd Agreement on TIG   Update:2016-05-27
The  tariff  reduction  or  elimination  programme  of  the  Parties  shallrequire  the  applied  MFN  tariff  rates  on  listed  tariff  lines  to  be  graduallyreduced and where applicable, eliminated, in accordance with this Article.

The  tariff  lines  which  are  subject  to  the  tariff  reduction  or  eliminationprogramme  under  this  Agreement  shall  include  all  tariff  lines  not  covered  bythe  Early  Harvest  Programme  under  Article  6  of  the  Framework  Agreement,and such tariff lines shall be categorised for tariff reduction and elimination as follows:
         (a)  Normal  Track:  Tariff  lines  placed  in  the  Normal  Track  by  each Party on its own accord shall have their respective applied MFNtariff rates gradually reduced and  eliminated in accordance withthe  modalities  set  out  in  Annex  1  of  this  Agreement  with  the objective  of  achieving  the  targets  prescribed  in  the  thresholds therein.
         (b)  Sensitive  Track:  Tariff  lines  placed  in  the  Sensitive  Track  by each Party on its own accord shall have their respective applied MFN  tariff  rates  reduced  or  eliminated  in  accordance  with  the modalities set out in Annex 2 of this Agreement.

Subject  to  Annex  1  and  Annex  2  of  this  Agreement,  all  commitments undertaken  by  each  Party  under  this  Article  shall  be  applied  to  all  the  other Parties.