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FrançaisClauses that usually appear at the end of a contract. Sometimes they are referred to as the “miscellaneous” clauses. Such term refers to the relatively standardised clauses in contracts, which are often agreed with little or no negotiation and found…
Read MoreBonded warehouse
A warehouse authorized by customs authorities for storage of goods on which payment of duties is deferred until the goods are removed for domestic consumption. In the goods are re-exported, no duty has to be paid at all. See foreign…
Read MoreBorder protection
Any measure which acts to restrain imports at point of entry.
Read MoreBorder tax adjustment (BTA)
A tax to which domestically produced goods and imports are subject but from which exports are exempt. Border tax adjustments are intended to encourage exports while nor making imports excessively competitive against domestic goods. This may be seen as a…
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