Value-added Criterion

Value-added criterion in Global Commerce Policy

In this regard, value-added criterion is: a concept used in the administration of rules of origin under preferential trade agreements. The entries on trade policy are here. It means that a specified amount of transformation or processing, usually expressed as a percentage of the total value of the good, has to have occurred in the country exporting the good if the good is to benefit from preferential tariff treatment. See also change in tariff classification and substantial transformation.[1]

Value-added criterionin the wold Encyclopedia

For an introductory overview on international trade policy, see this entry.

Resources

Notes and References

1. Dictionary of Trade Policy, “Value-added criterion” entry (OAS)

See Also