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United Nations Conference on Trade and Development: Group of 77 Agreement on the Global System of Trade Preferences Among Developing Countries

Published online by Cambridge University Press:  27 February 2017

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Type
Treaties and Agreements
Information
International Legal Materials , Volume 27 , Issue 5 , September 1988 , pp. 1204 - 1226
Copyright
Copyright © American Society of International Law 1988

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References

* [Reproduced from UNCTAD Document GSTP/MM/BELGRADE/12 (Vol.1), provided by the United Nations Conference on Trade and Development.]

1 This article can only be invoked in exceptional circumstances duly notified to the Committee.

1 Include mineral fuels, lubricants and related materials as well as mineral or metal ores.

2 Include forestry products.

3 “Vessels” - shall refer to fishing vessels engaged In commercial fishing, registered in a participant's country and operated by a citizen or citizens or governments of participants or partnership, corporation or association, duly registered in such participant's country, at least 60 per cent of equity of which is owned by a citizen or citizens and/or government of such participant or 75 per cent by citizens and/or governments of the participants. However the products taken from vessels engaged in commercial fishing under bilateral agreements which provide for chartering/leasing of such vessels and/or sharing of catch between participants will also be eligible for preferential concessions.

4 In respect of vessels or factory ships operated by government agencies, the requirement of flying the flag of a participant does not apply.

5 For the purpose of this Agreement, the term “factory ship” means any vessel, as defined, used for processing and/or making on board products exclusively from those products referred to in paragraph (f) above.

6 In respect of products traded within the framework of sectoral agreements negotiated under the GSTP. provision may need to be made for special criteria to apply. Consideration may be given to these criteria as and when the sectoral agreements are negotiated.

7 “Partial” cumulation as implied by Rule 4 above means that only products which have acquired originating status in the territory of one participant may be taken into account when used as inputs for a finished product eligible for preferential treatment in the territory of another participant.

8 A standard Certificate of Origin to be used by all participants is annexed.