Efta Gcc Agreement

The scope of the free trade agreement covers trade in goods (industrial and processed products, fish and other seafood), trade in services, public procurement and competition. With regard to investments and intellectual property rights, the parties agreed to negotiate these issues after the agreement came into force. Commodities are covered by bilateral agricultural agreements, which are part of the free trade area instruments between the contracting parties. The EUR.1 goods circulation certificate may also be used under this agreement. No no. This agreement does not (currently) provide for the possibility of an invoice declaration of origin for licensed exporters or others. The free trade agreements between the GCC and the free trade agreement contain a chapter on public procurement, which contains specific rules and principles that take into account and allow golf companies to participate in public tenders in EFTA states and vice versa. The aim of the chapter is to ensure and grant transparency and market access on the basis of the principle of non-discrimination such as questioning. The public procurement chapter discusses the procedures to be followed by a public body that procures construction goods, services and services above certain thresholds. The delay will affect various products covered by the free trade agreement, including Schedule III Class B processed agricultural products. The same applies to Category B products in the agricultural agreement between Switzerland and the GCC concluded in parallel with the free trade agreement.

The agreement also provides tariff concessions for processed agricultural products. Commodities are covered by bilateral agricultural agreements, which are part of the free trade area instruments between the contracting parties. The free trade agreement between the EFTA and GCC states provides for the duty-free importation of certain products from 1 July 2019. However, the GCC informed EFTA that it was not in a position to implement the AGREEd tariff reduction on the GCC side on time. The Gulf States remove almost all tariffs on most industrial products when the agreement enters into force. There is a list of exclusions for certain categories of goods for which tariffs are not reduced or are not reduced for five years after the agreement comes into force. Otherwise (import into Switzerland), all tariffs on industrial products will be completely abolished as soon as the agreement enters into force. The free trade agreement between the Member States of the European Free Trade Association (EFTA) and the member states of the Gulf Arab Cooperation Council (GCC) came into force on 1 July 2014. As soon as the agreement enters into force, industrial products, including fish and other seafood, will have duty-free access to the respective markets of efTA states. For products imported into the GCC, most tariffs will be eliminated. Some products are duty-free after a five-year transitional period, while others are excluded or excluded from the scope. The agreement also provides tariff concessions for processed agricultural products.

Commodities are covered by bilateral agricultural agreements, which are part of the free trade area instruments between the contracting parties.