Japan-Mongolia Economic Partnership Agreement (EPA)
The Japan-Mongolia Economic Partnership Agreement (EPA) entered into force on June 7, 2016.
The agreement includes most energy products and their constituents including but not limited to: iron, metals, steel, battery packs and cells, anodes, heat pumps, electric cars, and ICE cars.
Specific rule of origins applies to confer originating status in order to qualify for preferential tariff treatment e.g. wholly produced in the parties' territories, materials undergoing change in tariff classification or satisfying a minimum local value content of 40 - 50%.
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