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CE/PAC/en 1 INTERIM AGREEMENT WITH A VIEW TO AN ... - WITS

CE/PAC/en 1 INTERIM AGREEMENT WITH A VIEW TO AN ... - WITS

CE/PAC/en 1 INTERIM AGREEMENT WITH A VIEW TO AN ... - WITS

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ARTICLE 38Customs valuation1. Article VII of the GATT (1994) and the W<strong>TO</strong> Agreem<strong>en</strong>t on the implem<strong>en</strong>tation ofArticle VII of the GATT (1994) shall govern customs valuation rules applied to reciprocal tradebetwe<strong>en</strong> the Parties.2. The Parties shall cooperate with a view to achieving a common approach to issues relating tocustoms valuation, including problems relating to transfer pricing.ARTICLE 39Regional integration in C<strong>en</strong>tral AfricaIn taking forward customs reforms, and in order to facilitate trade, the Parties shall promoteregional integration, including in terms of developing standardised:– requirem<strong>en</strong>ts,– docum<strong>en</strong>tation,– data requirem<strong>en</strong>ts,– procedures,– authorised trader schemes,– border procedures and op<strong>en</strong>ing hours,– transit requirem<strong>en</strong>ts, bonded transport and guarantee schemes.<strong>CE</strong>/<strong>PAC</strong>/<strong>en</strong> 47

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