Free Trade Agreement between the EFTA states and Hong Kong (China)
The Free Trade Agreement between Hong Kong (China) and the European Free Trade Association States (EFTA) entered into force in 2012.
It provides for the elimination of customs duties for most industrial and energy sector products, including :
- Electric motors, turbines and generators;
- Mechanical equipment including pumps, appliances, and other advanced machinery;
- Electric accumulators, transformers, capacitors, batteries;
- Motor vehicles;
- Mineral ore, slag and ash;
- Mineral fuels, oils and other products;
- Metals and their articles e.g. iron and steel;
- Semiconductors devices and photovoltaic cells
Rule of origins delineated in the Agreement state that goods may qualify for preferential tariff treatment if wholly obtained or having undergone sufficient processing on the territory of one of the Parties or produced exclusively from materials originating in one or more Parties.
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